The Great Resignation may be creating a tax headache for a lot of people. Last year more than 47 million people quit their jobs. In the same year, a record 5.4 million new business applications were ...
IRS enforcement priorities shift toward questionable write-offs, putting small business owners and self-employed taxpayers on notice in 2025.
If you work from home, you may be able to deduct your business-related expenses. But if you don't qualify for that, you could be eligible for the "home office tax deduction." This tax break lets you ...
No receipt? No problem. These deductions don't need a "proof of purchase" to be claimed once tax season comes around. Read on ...
Are you self-employed and wondering how to maximize your tax deductions for the 2022 tax year? Here’s a look at 15 of the best tax write-offs you don’t want to miss: — Qualified business income. — ...
Shopping Black Friday deals for your business can help you get more for your money and might even lower your 2023 tax bill. But the rules for deducting business expenses can be complex, and not ...
The pandemic has changed the economy, shuttered businesses, and sent many people home to work remotely. What some may not have reckoned with yet are the ways that it may affect our tax write-offs.
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 ...
Most taxpayers love deductions because they reduce your taxable income and, therefore, also reduce your tax liability. But not everyone loves going through the painstaking process of itemizing your ...
We’re just one day into the tax season, but some people are already banking on big refunds that could come their way. Tax write-offs are a huge part of getting some money back, and KIRO 7 spoke to a ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Anthony Bancy: It may be hard to explain to your aunt what an influencer does, ...
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