This type of insurance includes liability coverage, which can shield you if you're found at fault for damages to someone else. It also pays to repair or replace your property's structure if it's ...

Form 8829 is used to claim the home office deduction by calculating the business-related portion of home expenses. Self-employed individuals and freelancers can deduct costs such as rent, utilities ...

Can you claim the home office tax deduction this year?

Learn who qualifies for home office tax deductions, how to calculate them, and other business write-offs like car mileage and supplies.

A business expense deduction is a deduction allowed for ordinary and necessary expenses paid or incurred in connection with an individual’s trade, business or profession.1 The deduction allowed under ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Some business owners are very conservative and only deduct expenses that are crucial to ...

Are HOA fees tax-deductible? A CPA explains when you can write them off and when you can't. Because, honestly, it just ...

If you run a business and carry a balance on your credit card, here's something worth knowing. The interest you're paying might actually reduce your tax bill. In the United States, credit card ...

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...