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It may seem counterintuitive to plan for unexpected expenses, because then, well, they are expected. However, saving money or having an emergency fund for all the things that could happen is really...
Tax season is here and many remote workers are wondering what expenses they can write off while working from home. In 2022, 60 million people did freelance work, primarily from their home office ...
When my husband and I first started our business, we turned part of our house into a proper office. It was furnished with two desks, computers, and a copy machine on one side; a small conference ...
Up until tax year 2017, full-time W-2 employees could write off some of their unreimbursed home office expenses as itemized deductions. The Tax Cuts and Jobs Act (TCJA) of 2017 suspended this once ...
Establish a budget that includes money for unexpected expenses: Creating and following a budget is a good practice. Doing this can help control your impulse spending and allow you to manage money ...
If you're self-employed and use part of your home for business purposes, you may be able to deduct certain related expenses. To claim the home office deduction on your 2021 tax return, the IRS says...
Due to that change in President Trump’s signature tax law, only contractors can make deductions for home office supplies. “If in fact, you are an employee working at home and you have a side ...
If you're a millennial, you are likely well aware how unexpected expenses can creep up and derail your monthly budget. Mafe Aclado, finance expert and general manager of Coupon Snake, said it's ...