In the wake of a tax and spending bill, business owners should reconsider how they invest and how their companies are ...

You can deduct business expenses from your small business revenue to lower your tax bill in several ways. Business deductions can sometimes reduce your income on a dollar-for-dollar basis. You can ...

Form 8829 is used to claim the home office deduction by calculating the business-related portion of home expenses.

Vice President Kamala Harris on Wednesday will unveil a new proposal to provide small businesses with a $50,000 tax deduction for startup expenses, ten times the current $5,000 allowable deduction, ...

The new OBBBA law offers small businesses bigger tax deductions, permanent QBI relief and immediate R&D expensing in 2025 — ...

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Vice President Kamala Harris proposed giving small businesses a $50,000 tax deduction for startup expenses. Tax experts are weighing in. Vice President Kamala Harris wants to increase the current ...

Kamala Harris is aiming for 25 million new business applications in her first term. To get there, she's proposing an increased tax deduction and reduced red tape. That comes after a post-2020 small ...

These seven common deductions draw IRS scrutiny — not because they're suspicious, but because most people document them wrong ...

Yes you can stil banefit from the mileage tax deduction if you own a EV like a Rivian or Tesla. The savings can be quite valuable tax wise, in reduced emissions and in the cost of driving your car. As ...