"Self-employed taxpayers should prioritize compliance over inflated refunds," said the Head of Client Solutions at Clear Start Tax. "If you're unsure whether you qualify for a tax credit, it's best to ...

The home office deduction could provide a tax break on your 2024 return. Here’s who qualifies and how to claim it.

Many Americans may think that because they work from home, they can take tax deductions ... office deductions? Home office deductions only apply to small business owners who are self-employed.

Deductions, also sometimes called tax write-offs, are eligible expenses that you can deduct on your return to lower the amount of income that gets taxed. There are many valuable self-employment ...

Tax Season 2025: How long will it take to get your refund after filing your return? The standard deduction is a fixed amount you can subtract from your income to reduce the portion that is taxed.

HMRC doesn’t tend to prompt non-self-employed people to submit a self-assessment, so any higher rate taxpayers who pay their tax through PAYE need to actively request to submit a tax return.” ...

TIL Creatives Budget 2025: Higher 87A tax rebate, deduction on home loan, income tax slab and more; What to expect We have asked various experts their suggestions on how the FM can give a big tax ...

You are a long-haul truck driver if you are an employee whose main duty of employment is transporting goods by way of driving a long-haul truck, whether or not your employer’s main business is ...

You can deduct the salary you paid (or that was paid for you and included in your income) to your substitute or assistant. As the employer, you can also deduct as an expense your share of the CPP or ...

You can significantly reduce your taxable income and improve your financial health by leveraging commonly overlooked deductions. Below, let’s explore critical small business tax deductions ...

Senators Kirsten Gillibrand and Charles Schumer introduced legislation today to permanently remove the cap on the state and local tax (SALT) deduction. The bill would reinstate the full SALT Tax ...

thank them for putting themselves forward and thank them for what they’re doing – and do so with the Read More > A Dutton Coalition Government will cut red tape for small businesses by introducing a ...