Form 8829 is used to claim the home office deduction by calculating the business-related portion of home expenses.

There are certain outdoor home improvements that pay off handsomely in the future, and a swimming pool is one of them. This ...

When it comes to taxes, high-net-worth individuals and business owners have access to some creative ways to legally deduct ...

The committee further recommended that the NRS be permitted to borrow funds as necessary for the execution of its functions.

The potential cap, which would limit how much philanthropic donors can deduct from their state taxes, adds to a climate of ...

With tax season here, understanding whether to itemize deductions or take the standard deduction can help you maximize ...

Social Security recipients will be happy to hear that most states do not tax benefits. Below are the 41 states (along with ...

Most notably, the CRA is reverting to administering capital gains taxation under the current 50 per cent inclusion rate. As a ...

The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...

The Road Accident Fund has secured an interim court order blocking SARS from deducting R5. 1 billion from its fuel levy to pay an Eskom rebate, highlighting growing tensions between state entities ...

The tax code allows deductions for qualified miles driven for business, medical, moving and charitable purposes. But to claim ...