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 ...

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

The Tax Court has ruled in favour of a small consulting firm that tried — and failed — to get a new investment vehicle up and running. Getting a new venture going can be costly and risky: if it fails, ...

While the IRS does not recognize startup costs as capital expenditures, they do state that you can deduct $5,000 of business startup and $5,000 of organizational costs paid or incurred after October ...

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 ...

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 ...

Conservative economists are pouring cold water on Vice President Kamala Harris' new proposal aimed at reducing startup costs for new small businesses as part of her "Opportunity Economy" economic ...