To help offset the self-employment taxes, there are quite a few deductions you can take to lower your business income. See if you qualify for them.

Taxpayers who donate to charitable causes can use a federal income tax deduction to reduce what they owe the IRS. However, only those who itemize their deductions can take advantage of it.

Homeowners insurance premiums are generally not deductible on your personal income tax return. However, there may be cases where you can deduct homeowners insurance premiums as a business expense.

Thatch explains ways health insurance can boost many factors for a small business, including costs and coverage, and how to ...

See how we rate tax products to write unbiased product reviews. Claiming tax credits is one way to pay less income tax. While a lot of people focus on tax deductions as a way to shrink their tax ...

10, 2024 (GLOBE NEWSWIRE) -- The clock is ticking for health insurance shoppers ... 15 in an ACA Marketplace plan ensures a seamless start to coverage in 2025 and can help you avoid costly ...

Section 80E of the Income Tax Act provides provisions for tax deductions on educational loans. This is available only for the interest component of the loan. This can only be claimed once the loan ...

You can give Goats of Anarchy a one-time donation, sponsor your favorite animal, or even donate stock to support the animals ...

In the U.S., donations can be deducted from the federal tax returns of individuals and companies making them. U.S. taxpayers are able to deduct donations equal to up to 60% of their adjusted gross ...