Americans have a long, romantic history of deploring taxation. The Boston Tea Party was essentially an elaborate tantrum over ...

For many small and microbusiness owners, tax season is the most dreaded part of the year. On top of serving as everything from CEO to sales associate, they must now also try to remember as much of ...

You can only write off these expenses if you open up the business. Any costs incurred if your company didn't get off the ground don't qualify for a deduction. How to Take Business Startup ...

Revenue agents will also want to make sure that there is a valid business purpose for the write-offs and that there are no shenanigans going on, such as taking deductions for personal expenses.

Don't forget to write off office supplies as part of your home office deductions. These include computers, printers, work-related software, pens, paper, postage, shipping and more. You can deduct ...

Labor's plan to extend the instant asset write-off was technically accounted for in its latest budget, even though it was not ...