Tax season is upon us. As CPAs and tax attorneys launch into their busy season, millions of Americans are turning to their ...
However, if you're a remote worker filing your taxes, you still might not be able to claim the home office deduction. The ...
The home office deduction is a tax break that some self-employed people who work from home can use to lower their taxable ...
“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...
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 ...
Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to avoid an audit.
The 2023 claims of home office expenses represent a 41.4% increase over the 2022 tax year, when $1.47 billion was claimed.
A special assessment is an additional fee that an HOA may impose to cover unforeseen expenses. Unlike regular HOA dues, special assessments are typically only applied in emergency situations. If the ...
The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 ...
vice president of tax operations at preparer TaxAct. Pennsylvania and New York, for example, allow employees to deduct some ...