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Today, many taxpayers who qualify for the home office tax deduction are not claiming it. The reasons often cited are that businesses and filers do not fully understand the provisions or find it too complicated to calculate the amount.That is about to change.

As part of ongoing efforts Read More

[INFOGRAPHIC] Taxes are coming up, but what do they pay for, and how much of an impact do small businesses truly have? Read More

With the Congress passing H.R. * or the American Taxpayer Act of 2012, many changes came about. Here are 7 tax cliff deal changes you should know about with 2013 here. Read More

Due to the lapses I suffered over the course of the year, it occurs to me that maybe I need to add my home business taxes to the ranks of automatic bill payments. Read More

As you prepare your finances for this new year, don’t forget that you might have higher taxes to pay on your investments. Read More

Canadians can expect their 2013 net earnings to decrease due to EI and CPP premium increases, as well as some provincial tax hikes. Read More

Right now, same-sex couples can’t file their taxes jointly, and that means that there are some benefits they miss out on in some circumstances, particularly those circumstances when one partner makes significantly more than the other. Read More

With the payroll tax cut expiring, you will end up paying more toward Social Security, but seeing less in your current paycheck. Read More

Owning a small business is no easy venture. There are always bills, expenses, and staff that need to be paid. For these reasons and many more, it’s important that small business owners pay particular attention to which expenses are tax-deductible. Here are eight expenses that may be tax-deductible Read More