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

Do you drive for business, charity or medical appointments? Here are the details regarding claiming mileage on taxes.

Tax time can be tough for small business owners, especially if you procrastinate and end up making a last-minute dash to the ...

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

For example, there are certain tax breaks and deductions that are afforded to small business owners and self-employed ...

This version of TurboTax is well-equipped to deal with new business start-up costs, refinances ... TurboTax helps business ...

The home office deduction could provide a tax break on your 2024 return. Here’s who qualifies and how to claim it.

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly. Learn more about common tax breaks and how to claim them. Many, or all, of the ...

The amount of computing power DeepSeek used to train its models has become a subject of intense interest for artificial intelligence (AI) experts and investors over the past week, as the answer ...

The taxpayer was not entitled to deduct unreimbursed employee business expenses or partnership losses, the U.S. Tax Court held, affirming the IRS’s determinations. Taxpayer, an individual, claimed ...

In a published paper on its DeepSeek-V3 large language model (LLM), which was launched in December, the Chinese start-up claimed that training took just 2.8 million "GPU hours" at a cost of US$5.6 ...

Opposition Leader Peter Dutton said if elected the Coalition would allow businesses to deduct for tax purposes up to $20,000 for business-related meal and entertainment expenses without incurring ...