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.

Small business owners can reduce taxable income by deducting various business expenses, including vehicle costs, travel, home office use and advertising. Choosing the right deduction method, such ...

Certain homeownership, business and healthcare deductions could significantly lower your tax bill. Here's how.

Small business owner Emily Ley says new U.S. tariffs on China will devastate her stationery store, calling the added costs ...

Small business taxes will be different in 2025—and not just because of updated brackets and deductions. According to a survey ...

CNBC Select has chosen the best tax-prep programs for small business ... income from businesses, investments and rental properties and freelancers can claim home office expenses, mileage and ...

The disabled access credit was created to help businesses comply with the ADA and offset the costs of accessibility ...

The best tax software for small businesses helps you to keep track of your income and expenses all year long or allows you to seamlessly import data from an accounting program directly to your tax ...

For many small and microbusiness owners, tax season is the most dreaded part of the year. On top of serving as everything from CEO to sales associate, they must now also try to remember as much of ...

This isn’t just another business expense — it’s a direct ... Some businesses estimate the tax will cost them millions, while many small businesses anticipate annual costs ranging from ...

Jackie is a freelance contributor to Newsweek’s personal finance team. She is an Accredited Financial Coach (AFC®ª) and loves helping freelancers and artists manage their money and overcome ...