Learn how to calculate depreciation for tax deductions using GAAP methods like straight-line and declining balance for optimal savings.

The home office tax deduction is a tax break that some self-employed people who work from home can take advantage of. Here's what you need to know.

Discover how same-year tax deductions apply to capital expenditures, with insights into Section 179 deductions and the difference between CapEx and OpEx for tax purposes.

Don’t let its name fool you: The so-called “manufacturers’ tax deduction” applies to a much broader range of industries than those traditionally associated with manufacturing. And your business could ...

Let’s face it — tax season can be stressful. This is especially true for self-employed individuals and small business owners searching out every self-employed tax deduction and navigating other small ...

The White House has reported that, on average, Americans will receive about $1,300 more in their pocket through the deduction.

Don’t let its name fool you: The so-called “manufacturers’ tax deduction” applies to a much broader range of industries than those traditionally associated with manufacturing. And your business could ...