The rules are strict around who is eligible to deduct a home office, and calculating the deductions can be complicated.
President Trump has linked two budget items, and that may be a good idea.
Proponents claim "small businesses" rely on the pass-through deduction, but the benefits greatly favor the very rich.
Experts say the layoffs of roughly 7,000 IRS probationary workers likely mean the end of the agency's plans to go after ...
One fast tax tip to review before filing your 2024 federal income tax return is the IRS mileage rate. It's a much ...
The tax brackets you fall into determine how much ... $243,726 to $365,600 $234,701 to $609,350 Thanks to the Tax Cuts and Jobs Act of 2017 (TCJA), the brackets for tax year 2025 will remain ...
Proposed cuts to Medicaid funding would have devastating impacts on medical services for 680,000 L.I. residents who depend on Medicaid for healthcare, advocates said at a “Medicaid Equity Town ...