Although it's not yet April, it's not too early to start thinking about filing your tax return. There are some tax deductions ...

For example, if your office is 250 square feet and your home is 1,000 square feet, you'd deduct 25% of your allowable expenses (250/1,000 = 0.25). If you had $10,000 in eligible home-related ...

However, your allowable deductions will be reduced if your total startup costs exceed $60,000 or your total organizational costs exceed $50,000. You can amortize any remaining nondeductible ...

Roughly 90% of taxpayers use the standard deduction, which was boosted dramatically by the Tax Cuts and Jobs Act of 2017. However, if your total allowable deductions exceed the standard deduction ...

If you are married and filing separately, your allowable mortgage interest deduction is limited to interest paid on the first $500,000, even if you purchased the home prior to Dec. 16, 2017.

As an accountant, one of your primary roles is ensuring your landlord clients are maximising their tax relief by claiming all ...

The passing of a loved one is always a difficult burden to bear — physically, emotionally, mentally and monetarily. Most, if not all, of the time, death and passing come as a surprise, with ...