What is that? Home office deductions allow self-employed folks to deduct expenses related to the business use of their home. W-2 employees working remotely cannot claim home office deductions.

Unlike remote employees, self-employed workers—whose primary place of business is at home—can claim tax deductions for home ... sources to support their work. These include white papers ...

Nicole Malliotakis challenged Democrats to help House Republicans increase the state and local tax deduction as she blamed ... Social Security and overtime work. At least one Democrat, Rep.

You can ask the amount of your standard deduction or ask more specific questions, such as whether you can deduct your moving expenses or if your work-related education expenses are tax deductible.

SALT stands for "state and local tax." According to the Tax Foundation, it's a deduction that "permits taxpayers who itemize when filing federal taxes to deduct certain taxes paid to state and ...

With the new tax regime (NTR) becoming the default regime lately, several taxpayers are anxious about having lost the eligibility to claim deduction. What, however, is not known to many people is ...

You can significantly reduce the cost of owning a second home by claiming tax deductions for mortgage ... home ownership before jumping in, and work with an experienced tax specialist if you ...

Clubs have to be much more careful about how they spend their money, with the threat of points deductions working to curb irresponsible spending. Like all the other Premier League sides ...

The Old Tax Regime is popular among taxpayers as it offers deduction and exemptions on income ... For instance, if an employee goes on a work tour and spends Rs.700 per day for 7 days on travel ...

Miscellaneous deductions work based on a 2% rule. This means that qualifying taxpayers add up their qualifying miscellaneous deductions, and can deduct any amount above 2% of their AGI.