#tax-deductions

[ follow ]
#home-office

The Most-Searched Tax Deductions of 2024

Tax searching grows each year as individuals seek ways to maximize deductions and credits, particularly during tax season.

Self employed? Expert reveals what business expenses you can claim - London Business News | Londonlovesbusiness.com

Self-employment provides flexibility and tax deduction opportunities, but requires careful distinction between personal and business expenses.

Write-off Week: Save on tax-deductible business expenses and WFH gear before the year ends

Maximize your tax deductions for your work-from-home setup before the year-end deadline.

The Most-Searched Tax Deductions of 2024

Tax searching grows each year as individuals seek ways to maximize deductions and credits, particularly during tax season.

Self employed? Expert reveals what business expenses you can claim - London Business News | Londonlovesbusiness.com

Self-employment provides flexibility and tax deduction opportunities, but requires careful distinction between personal and business expenses.

Write-off Week: Save on tax-deductible business expenses and WFH gear before the year ends

Maximize your tax deductions for your work-from-home setup before the year-end deadline.
morehome-office
#small-business

25 Small Business Tax Deductions (Write-Offs) You Need in 2025 - Shopify

Properly tracking business expenses can significantly reduce taxes owed for online stores.
Understanding deductions can enable more reinvestment into growing your small business.

Automated payroll services

Automated payroll services streamline payroll processing for small businesses and freelancers, ensuring accuracy and timely payments.

25 Small Business Tax Deductions (Write-Offs) You Need in 2025 - Shopify

Properly tracking business expenses can significantly reduce taxes owed for online stores.
Understanding deductions can enable more reinvestment into growing your small business.

Automated payroll services

Automated payroll services streamline payroll processing for small businesses and freelancers, ensuring accuracy and timely payments.
moresmall-business
#tax-savings

Here's what to know about the standard deduction in taxes

Understanding deductions can save taxpayers significant money.
The standard deduction provides a simpler alternative to itemizing deductions.

15 Tax Write-Offs Self-Employed People Can Use to Save Big

Self-employed individuals have to manage their own taxes, making it vital to take advantage of deductions to save money.
Various business expenses, such as home office setup, office supplies, internet/phone services, and education/training, can be deducted for tax purposes.

Here's what to know about the standard deduction in taxes

Understanding deductions can save taxpayers significant money.
The standard deduction provides a simpler alternative to itemizing deductions.

15 Tax Write-Offs Self-Employed People Can Use to Save Big

Self-employed individuals have to manage their own taxes, making it vital to take advantage of deductions to save money.
Various business expenses, such as home office setup, office supplies, internet/phone services, and education/training, can be deducted for tax purposes.
moretax-savings
from Fortune
2 months ago

Trump to propose making car loan interest fully tax-deductible

Trump plans to boost the US auto industry by making car loan interest tax-deductible and enhancing small business vehicle deductions.

ATO warning over $1,400 tax deduction millions of Aussies can claim: 'Watching closely'

Aussies can claim a $1,400 tax deduction for working from home, but must keep some records as the ATO scrutinizes high claims.

Retirees Can Save Thousands If They Understand These Tax Breaks

Seniors should leverage tax deductions and benefits to maximize their income and improve financial stability in retirement.

New Jersey bill would offer tax deductions for E-ZPass tolls. Here's how it would work.

New Jersey's proposed bill offers tax deductions for E-ZPass tolls to alleviate commuters' financial burdens.

7 WFH Tax Deductions Remote Workers Are Entitled To In 2024

Self-employed and contracted employees may claim home office deductions for work-related expenses.
Educational expenses can be tax-deductible for self-employed individuals and those with training budgets from employers.
Remote workers can deduct office supplies, equipment, and vehicle mileage if essential for their job.

California legalized weed, then businesses started suffering. How federal rescheduling would help

Rescheduling marijuana to Schedule III could benefit California pot businesses financially by allowing certain tax deductions.

The IRS Finally Takes the Gloves Off

IRS crackdown on personal use of corporate jets as business expense
Increased scrutiny on wealthy individuals filing returns over $1 million per year

Tax Deductions for Renters: How To Use Your Rent Costs to Your Advantage

Renters can qualify for valuable tax deductions related to self-employment or property taxes.
Homeowners are not eligible for the home office tax deduction, but renters may benefit from this deduction.

The 2024 tax season kicks off Monday. Here's what you need to know | CBC News

New tax season changes for Canadians, 2024.
Introduction of the First Home Savings Account (FHSA) as a new deduction option.

Tax Season in Canada

Take advantage of all available tax credits and deductions to reduce your tax bill and potentially increase your refund.
Stay informed about changes and updates to tax laws to ensure you're taking advantage of new opportunities.

Bipartisan Tax Bill Offers Generous Corporate Tax Relief, Inadequate Poverty Aid

The Tax Relief Act includes provisions to partially reinstate Biden's expanded child tax credit and increase the Low-Income Housing Tax Credit.
The legislation also provides new deductions and tax claims for corporations, potentially amounting to hundreds of billions of dollars.
[ Load more ]