Form 8829 is used to claim the home office deduction by calculating the business-related portion of home expenses.

Vice President Kamala Harris on Wednesday will unveil a new proposal to provide small businesses with a $50,000 tax deduction for startup expenses, ten times the current $5,000 allowable deduction, ...

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Kamala Harris is aiming for 25 million new business applications in her first term. To get there, she's proposing an increased tax deduction and reduced red tape. That comes after a post-2020 small ...

If you often have working lunches, you might be able to deduct 50% of those meal expenses. When you meet with partners, employees, or business contacts, consider doing so over lunch. As long as the ...

Yes you can stil banefit from the mileage tax deduction if you own a EV like a Rivian or Tesla. The savings can be quite valuable tax wise, in reduced emissions and in the cost of driving your car. As ...