Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

If you don't pay what you owe on your taxes when you request an extension, you might get hit with an underpayment penalty. To ...

You should track any expenses you would have if you operated from a ... As you are starting your business, keep receipts for ...

While you should use a business credit card for company expenses, there aren't necessarily dire consequences if you ...

Finally, you can make an estimation using a little math. Each quarter, add up your actual income, multiply it by four (this ...

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

The South Dakota Department of Revenue charges municipalities a flat 1% administrative fee for handling municipal sales taxes. Businesses represented by the South ...

Just because you work from home doesn't mean you can deduct a home office on your taxes. Here's how to qualify for the ...

For provision of such services, the Respondents were initially registered with the Service Tax department w.e.f. September, 2004 and subsequently, obtained the centralized registration w.e.f. May, ...

LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the ...

Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to avoid an audit.