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If you work from home, you can claim additional deductions on your tax return for any business-related expenses incurred. You can’t claim everything you use as an expense, however.
Read more: 10 things you probably didn't know you could deduct on your taxes. Tax credits can be claimed whether you itemize or not; the most popular ones include the child tax credit, earned ...
Filing small business taxes for the first time (or any time, really) can feel daunting, but it doesn't have to totally ruin your month. While the Internal Revenue Service, or IRS, is going to want ...
The maximum deduction you can claim for all state and local taxes, including real estate and personal property tax, income tax and sales tax, is $10,000 — $5,000 if you’re married and filing ...
A few of the most under-the-radar tax breaks include deductions for jury duty and bringing your pet to work (but only if they're working, too). 5 unexpected tax breaks you can claim on your tax return
The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. § 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...
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