There is a silver lining to student loan repayments: The interest paid can be written off.
Taxes are a big deal—especially for small business owners. The IRS can end up taking more than 50% of your Schedule C profit in ordinary income taxes and self-employment taxes. After all, the...
If you itemize deductions on Schedule A of your tax return, you will be able to deduct a lot of related search expenses if certain conditions apply.
When you incorporate your business, you create a new separate entity, and in the eyes of the IRS, you become an employee of the corporation. And this move means you must go on payroll and have all...
When it comes to investments, tax planning should play a major role. Here's how.
Keeping your money for working capital rather than paying it out in taxes to Uncle Sam will give you an edge in the current economic climate.
All Americans are now required to have health insurance or be subject to a penalty that will be paid on next year’s income tax return. But there's a tax credit available to many to help reduce...
Entity selection is a big decision new small business owners must make, and the decision to incorporate comes with tax ramifications.
The argument over the success of the home mortgage interest deduction isn't as black and white as it might seem.
The mortgage interest deduction is a major incentive to home ownership -- but it's also inherently unfair.