However, if you're a remote worker filing your taxes, you still might not be able to claim the home office deduction. The ...

The 2023 claims of home office expenses represent a 41.4% increase over the 2022 tax year, when $1.47 billion was claimed.

The home office deduction is a tax break that some self-employed people who work from home can use to lower their taxable ...

There are several tax deductions for homeowners, from interest paid on your mortgage to specific home improvements. Find out ...

Tax season is upon us. As CPAs and tax attorneys launch into their busy season, millions of Americans are turning to their ...

When you file your tax return, you must decide whether to take the standard deduction -- $14,600 for single tax filers, ...

It’s getting to be that tax time of year! Filing taxes, like paying taxes, may not be an enjoyable to-do, but receiving a ...

More details about the home office deduction can be found in IRS Publication 587. To take a tax deduction on a rental property, use Part 1 of Schedule E to list your rental income and expenses. If you ...

Making a budget helps you plan for expenses, and it can provide insight into your spending habits, allowing you to consider ...

Running a business from home might seem convenient, but using your home address as your official business location comes with ...