Can you claim the home office deduction on your taxes this year?

Working from home is much more common than it used to be. According to the U.S. Bureau of Labor Statistics, approximately 22.4 million American workers telecommuted for their jobs last year. Discover ...

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 general rule is that any ordinary and reasonable expense you pay while conducting a business activity is deductible in ...

Ever notice in those reality shows, like "House Hunters," focused on residential real estate and home renovations, that everyone wants a home office? There's a good reason for that. That extra home ...

NEW YORK — One of the most tempting but also terrifying small business tax deductions is for a home office — deducting the cost of operating out of your home can help you save on taxes, but complying ...

For many small business owners, tax season feels like a race to gather documents and file on time. In that rush, it’s easy to overlook deductions that could significantly reduce your tax liability.