Text Callout : Key Takeaways - Can You Take the Home Office Deduction? Many people whose jobs became remote during the COVID-19 pandemic still work from home. They may work entirely from home or on a ...

In this week's Ask the Editor Q&A, Joy Taylor answers questions on itemized deductions claimed on Schedule A of Form 1040 ...

Brex reports that effective enterprise expense management is crucial for finance teams, emphasizing cost control, compliance, and transparency amid evolving business landscapes.

There are no secret loopholes for day traders, only informed choices. Trader Tax Status lets you run trading as a business. Section 475 (f) Mark to Market turns that business into one that can ...

Ohioans who own or lease certain Hyundai or Kia vehicles may qualify for compensation and free anti-theft protection under a ...

While the previous Joe Biden administration had begun the reclassification process, it had been bogged down by administrative ...

Learn how to file taxes for your side hustle, from reporting income and claiming deductions to paying self-employment taxes and avoiding IRS penalties.

Nearly half the Senate Republican Conference has sent a sternly worded letter to President Trump warning that his executive ...

Learn about IRS Publication 535, crucial for business owners to understand deductible expenses to reduce taxable income.

Moving cannabis from a Schedule I to a Schedule III drug would not legalize cannabis or remove all barriers to cannabis ...

The change would not legalize the drug on the federal level, but would ease barriers on research using cannabis.

Yet undoing the bad choices and refraining from making new ones won’t be enough, for people or their bank accounts. Voters ...