Just because you work from home doesn't mean you can deduct a home office on your taxes. Here's how to qualify for the ...

In the recent ruling ITAT held that deduction u/s 54B would not be applicable in case land was not used for agricultural purposes in two years preceding date of transfer.

Very few people like tax season, but missing out on valuable deductions could mean leaving money on the table. Many taxpayers ...

More people are making legal sports bets on the Super Bowl and March Madness. But what do gamblers need to know at tax time?

Factors like under whose name the property is registered and from whose bank account monthly instalments are paid play a role ...

you’re not eligible unless you also have a side gig that you do from home - at least on the federal level. "Some states might allow you to take some deductions," said Mark Jaeger, vice president ...