15 Self-Employment Tax Deductions
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Working for yourself comes with the opportunity to claim a variety of tax write-offs.
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Working for yourself comes with the opportunity to claim a variety of tax write-offs.
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Senate Finance Committee Chair Ron Wyden (D-OR) has introduced legislation to overhaul the 20 percent deduction for pass-through income introduced into US tax law in 2017.
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If you received unemployment benefits in 2020 and you’ve already filed your tax returns, the Internal Revenue Service is saying you don’t have to file an amended return to claim the new tax waiver on up to $10,200 of your benefit payments.
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The Internal Revenue Service launched tax season for individuals on February 15, 2021, highlighting the various supports available for taxpayers when preparing their returns.
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The OECD has released its annual Consumption Tax Trends report, which highlights that with VAT rates at an all-time high, governments should ensure they have effective VAT frameworks in place to tax e-commerce.
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Washington(CNN)President Donald Trump is pushing Congress to include a payroll tax cut in the next economic relief package
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The U.S. IRS has released practice units on IRC 986(c) Gain or Loss Prior to Tax Cuts and Jobs Act of 2017, Official Versus Free Market Exchange Rate, IRC 481(a) Adjustments for IRC 263A Accounting Method Changes, and Foreign Earned Income Exclusion Adjustment
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If business owners and their accountants are doing a good job managing taxes, then they really should have zero refunds
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These tools allow investors to decide how money and assets will be handled.
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But investors should be wise about how much to buy – and when to sell.