Self-employed business owners must pay enormous sums and take on a great deal of financial risk in order to differentiate ...

Iowa adopted the federal changes, including deductions on overtime pay, while Illinois opted out of the bill’s provisions. Workers who receive qualified tips can deduct a maximum of $25,000, according ...

Washington lawmakers have now introduced the long-awaited income tax on millionaires, and the legislation includes a critical ...

Small business job growth and wage growth last month largely followed the same pattern as late last year, payroll company ...

Self-employed individuals have their own unique opportunities at tax time. Here are some of the most generous tax deductions available to the self-employed.

The home office tax deduction is a tax break that some self-employed people who work from home can take advantage of. Here's ...

Learn how comprehensive tax allocation reconciles tax and financial reporting, uncovering discrepancies in income, expenses, ...

You’ll find new deductions and new forms when you file taxes this year, thanks to the One Big Beautiful Bill Act.

Read about IRS Publication 334, a vital tax guide for sole proprietors and statutory employees, offering essential tips on deductions, credits, and filing Schedule C.

Reimbursement receipts are proof-of-purchase documents that employees submit to get repaid for business expenses they covered out of pocket. They're a critical part of your company's expense ...

As homeowners across the U.S. prepare to file their taxes this season, they may be wondering what deductions they qualify for and whether it's worth itemizing or sticking with the standard deduction.

Getting a head start on your taxes? Go ahead and pat yourself on the back. After that, consider using tax software to help you get the job done. Right now, Amazon is offering up to 30% off Intuit’s ...