If you've been paying for health insurance premiums and want to know whether those payments are tax deductible, you're in the ...

Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

Q: I recently started my own business as a sole proprietorship and will be filing a Schedule C with my Form 1040, accordingly. I provide a group medical insurance plan for my two employees and my ...

Question: My son lives in Arizona and receives pension income from the Arizona Retirement System (ARS). He is 64 years old and is now single with no dependents. The ARS allows him to purchase health ...

While some overlap with those available to regular workers, self-employed individuals also have their own unique deductions. It’s important to note that the IRS definition of “self-employment” is ...

A sole proprietor who purchases health insurance in his individual name has established a plan providing medical care coverage with respect to his trade or business, and therefore may deduct the ...

Rising health costs in 2026 are colliding with a complicated tax code, and many households are trying to figure out whether ...

Some deductions remain every year, but others change or disappear and new ones crop up. Learn about the best tax deductions ...

Question: I am a consultant operating as a sole proprietorship and file a Schedule C with my Form 1040, accordingly. I provide a group medical insurance plan for my employees and my family. Can I ...

One of the best things about being self-employed is that you are entitled to a whole host of boss-less independence, flexible scheduling and most importantly, tax deductions. While some overlap with ...