Trump’s economic package is coming up for debate in the House. Among the tax cuts is a plan to exempt tips from federal ...

Related: How the IRS taxes Social Security income in retirement. The new tax break is welcome news for the over 66 million ...

Electricity, heating, lighting, internet and phone costs can be claimed on tax. So can depreciation of office equipment and ...

Millions of workers hoping to grab Labor’s new $1000 “instant” tax deduction will be waiting a while, and even when it ...

It’s important for both residents and businesses to understand California state income tax brackets and how they impact what ...

Working in a different country can be an exciting experience, but it can also be quite a headache, particularly when it comes to tax liabilities. If you’re an Australian heading to New Zealand to work ...

County assessors use a universal formula to calculate home values. But a red-hot market means assessed values are climbing.

A new report from the National Taxpayers Union Foundation shows how failing to renew key pieces of the TCJA would lead to ...

Calculate pre-tax debt cost using company's effective tax rate for accuracy in evaluation ... net interest reduced by the value of the tax deduction the company received on its debt payments.

Thankfully, the interest rate is much lower for income tax ... method of calculating at-home office expenses, which allowed Canadians to claim $2 for every day worked at home as a deduction ...

S-corporation owners may deduct home-office costs by reimbursing through the company. To benefit, expenses must be documented and done under fringe-benefit rules. Deductions are limited by the S ...

The SALT deduction allows filers who itemize to subtract some of their state and local taxes from their taxable income. In 2017, the sweeping federal Tax Cuts and Jobs Act put in place a $10,000 ...