The House-approved tax bill could end the popular ‘SALT’ deduction workaround for certain pass-through businesses. Here’s ...

On May 28th, the U.S. Tax Court issued a decision in Soroban Capital Partners LP v. Commissioner (T.C. Memo 2025-52) holding that all of the ...

The self-employed individual has to pay the employee and employer share, though you can claim half your payment as an income tax deduction. You might assume it's obvious whether you're self ...

As a self-employed writer, you can make deductions for any purchases that directly affect your ability to conduct business. If you bought a computer on which to write, it is tax deductible.