The 549-page text calls for making many provisions of the Tax Cuts and Jobs Act permanent. The committee says that the SALT ...

The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.

If you purchase assets for your business during the tax year, you may benefit from the deduction allowed by Section 179. We’ll explain more about Section 179 and how it works to help business ...

The home office deduction could save remote workers thousands—but only if you know which tax rules apply to your situation.

In what’s sure to be welcome news for small and midsize companies, the Section 179 tax deduction has been increased by ...

The House-passed version of the bill would extend Trump's 2017 income tax cuts and implement new temporary tax breaks for ...

Our tax expert gives us a quick lesson on a Section 179 deduction, answering the questions: How might a sole entrepreneur or ...

Tax Code 179, the special deduction to write off equipment in the year purchased, was extended permanently in 2015 legislation. This has been further liberalized by the Tax Cuts and Jobs Act (TCJA ...

MORE: Learn about the Section 179 deduction 9. Credit card and loan interest deduction Check your credit card statements for potential self-employment tax deductions. What you can deduct ...