Vice President Kamala Harris on Wednesday will unveil a new proposal to provide small businesses with a $50,000 tax deduction for startup expenses, ten times the current $5,000 allowable deduction, ...

You can deduct business expenses from your small business revenue to lower your tax bill in several ways. Business deductions can sometimes reduce your income on a dollar-for-dollar basis. You can ...

The new OBBBA law offers small businesses bigger tax deductions, permanent QBI relief and immediate R&D expensing in 2025 — ...

Kamala Harris is aiming for 25 million new business applications in her first term. To get there, she's proposing an increased tax deduction and reduced red tape. That comes after a post-2020 small ...

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

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Vice President Kamala Harris proposed giving small businesses a $50,000 tax deduction for startup expenses. Tax experts are weighing in. Vice President Kamala Harris wants to increase the current ...

We all love to bash the IRS (in many cases they deserve it), but crazy tax rules come from Congress, the IRS just enforces them. So today, let’s blame Congress for the complex rules surrounding ...

Vice President Kamala Harris is proposing to increase the standard tax deduction for small business startup costs tenfold as part of her broader economic agenda if she wins the White House this ...