You can also deduct certain expenses incurred during the startup phase of your business. The rules aren't as straightforward as those for deducting operating expenses, however. Launching a new ...

Brex presents a guide that covers the essential components of expense claims, from basic definitions to submission processes ...

Small business owners can reduce taxable income by deducting various business expenses, including vehicle costs, travel, home office use and advertising. Choosing the right deduction method ...

While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, ...

NEXT explains that if you’re an independent contractor, it’s your job to pay taxes on your own—and you’ll want as many 1099 ...

The work-related expenses that W-2 employees can claim have changed since the Tax Cuts and Jobs Act of 2017 halted some itemized deductions-- including the deduction of business expenses that ...

Claims shared online about "exciting news for pet owners" regarding potential tax deductions for animals were somewhat ...

Independent contractors can lower their tax bill by writing off business costs like travel and insurance but should consult a ...

Depending on what you've spent, claiming your medical expenses can get you a bigger ... Along the way, I took on reviews of other types of business and personal finance technology.

Here are four situations that count toward a tax break and other gray areas to consider before claiming your pet costs on ...