Unlike a full-time employee whose taxes are deducted from their paycheck, if you’re an independent contractor, it’s your job to pay taxes on your own—and you’ll want as many 1099 tax deductions as you ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Self-employed workers ...

Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost must be ...

The state and local tax (SALT) deduction lets taxpayers write off certain state and local taxes from their federal taxable income. Under the One Big Beautiful Bill Act, signed into law by President ...

Though next year’s tax season is quite a few months away, many conscientious people are already getting a head start on tracking and documenting items so they can avoid the wild rush toward tax day.