Is HELOC interest tax deductible? It can be if the funds are used for eligible home improvements and meet IRS requirements. Learn more with this guide.

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

Question: I just started a consulting business using a room in my house. I am operating as a sole proprietorship. Accordingly, I will be filing Form 1040 with a Schedule C to report my business income ...

Of all the tax breaks available, the home office tax deduction is among the murkiest and most misunderstood. And the passage of the 2017 Tax Cuts and Jobs Act has made things even more complicated. So ...

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 ...

Here are four tax deductions side gig workers can't afford to miss when they file their taxes and some important tax tips.

The home office tax deduction is a tax break that some self-employed people who work from home can take advantage of. Here's ...