The remaining costs can be spread out over a period of time. Are business start-up costs tax deductible? If you're starting a new business, you can deduct $5,000 in start-up costs and $5,000 in ...

Owning a small business comes with a myriad of responsibilities, especially during tax season. Here are seven ...

12. Startup costs deduction You may be able to get self-employment tax deductions for the cost of going into business. What you can deduct: Startup costs generally include the costs to get your ...

Working for yourself can have a lot of benefits, but taxes are generally not one of them. When self-employed, you are ...

Did you start a new business this year and incur costs before starting operations? You can typically deduct up to $10,000 in ...

The home office deduction allows some filers to claim a tax break for expenses incurred working ... the space "regularly and exclusively" for business, according to the IRS. If you worked remotely ...

Wage employees who choose to work from home take on the full weight of their related expenses ... take home office deductions? Home office deductions only apply to small business owners who ...