Brex explores how the right combination of technology, policy design, and process optimization can transform expense ...

Brex presents a guide that covers the essential components of expense claims, from basic definitions to submission processes ...

Independent contractors can lower their tax bill by writing off business costs like travel and insurance but should consult a ...

The Form 1040 is an official document used by U.S. taxpayers to file their annual income tax returns. It includes sections for reporting income and deductions, which help calculate the tax owed or the ...

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

Many expenses from office supplies to legal fees ... The first-year deduction must be reported on your business tax form. That would be Schedule C for a sole proprietor, K-1 for a partnership ...

According to the Bureau of Labor Statistics, more than 9.1 million Americans held multiple jobs in March 2025. With the increasing cost of living, many people rely on multiple income streams to ...

You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...

Time is running out! Get TurboTax on sale and take care of your taxes as soon as possible, as Tax Day is next Tuesday.

Actavis deducted those amounts as ordinary and necessary business expenses in the years they were ... creation of “intangible assets” in the form of FDA-approved abbreviated new drug ...

The ITAT found that the AO and the Commissioner of Income Tax (Appeals) (CIT (A)) did not adequately consider Shah’s alternate claim under Section 36 (1) (iii). Shah provided details of borrowed funds ...

Many small businesses offer remote employees a home office stipend to cover these and other business-related expenses. Stipends can be a one-time deal or take the form of monthly, quarterly ...