The home office tax deduction is a tax break that some self-employed people who work from home can take advantage of. Here's what you need to know.

Learn how the Asset Depreciation Range (ADR) helped determine asset life for IRS tax purposes and discover its successors, ...

The White House has reported that, on average, Americans will receive about $1,300 more in their pocket through the deduction ...

Let’s face it — tax season can be stressful. This is especially true for self-employed individuals and small business owners searching out every self-employed tax deduction and navigating other small ...

The type of deduction you take can reduce your tax bill, or even determine how much you get back in refunds this tax season. But what is the difference between standard and itemized deductions? Is one ...

The IRS issued new guidance to examiners in its Large Business & International (LB&I) Division regarding how to determine which taxpayer is entitled to claim the Sec. 199 domestic production ...