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 ...

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 ...

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

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

The rules are strict around who is eligible to deduct a home office, and calculating the deductions can be complicated.

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

The upside? You can deduct qualifying business expenses on your taxes to lower your overall tax liability. But how do write-offs work? Here’s what you need to know. Writing off small business ...

Colorado's second-highest court ruled on Thursday that employers cannot deduct from employees' wages any costs that are "inherent in the job," and any work agreements allowing for such an arrangement ...

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 ...