Contractors often maintain both a stand‑alone office and a home office for scheduling, estimating, bookkeeping, and client meetings. The IRS allows ...

Many homeowners miss valuable savings at tax time. Here are 8 little-known tax deductions every homeowner should know about ...

Is rent a tax deduction? You generally cannot deduct rent from federal income taxes but some states offer a renter's credit.

Some deductions remain every year, but others change or disappear and new ones crop up. Learn about the best tax deductions ...

If you worked remotely in 2024, you may be eyeing the home office deduction. However, qualifying for the tax break may be harder than you expect, experts say. Only 7% of companies allowed fully remote ...

Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

Most employees aren’t eligible for the home office deduction, but you may qualify as a contractor or with a side business. To claim the tax break, your workspace must be the main place for your ...

Working from home (commonly abbreviated as WFH) can offer a number of perks, from skipping the daily commute to wearing sweatpants all day long. But can the remote work setup also include tax ...