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  2. 20 valuable small-business tax deductions - AOL

    www.aol.com/finance/20-valuable-small-business...

    Bankrate insight. A marketing business owner travels across the U.S. to meet clients. In 2023, they traveled 5,000 miles in total. They can deduct $3,275 ($0.655 for 2023 standard mileage rate x ...

  3. Taxation of illegal income in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_of_illegal_income...

    v. t. e. Taxation of illegal income in the United States arises from the provisions of the Internal Revenue Code, enacted by the U.S. Congress in part for the purpose of taxing net income. [ 1] As such, a person's taxable income will generally be subject to the same federal income tax rules, regardless of whether the income was obtained legally ...

  4. Business and occupation tax - Wikipedia

    en.wikipedia.org/wiki/Business_and_occupation_tax

    The West Virginia municipal B&O tax is a gross receipts tax, with no deductions whatsoever allowed. Rates vary according to the type of business, and differ from city to city. [8] For example: The state capital, Charleston, divides businesses into 14 categories for purposes of B&O taxation. Rates ranging from $0.15 per $100 gross receipts for ...

  5. Work From Home Tax Deductions: How To Claim Them - AOL

    www.aol.com/finance/home-tax-deductions-claim...

    Working from home became a norm and a need during the COVID-19 pandemic, a trend that many people continue to embrace. In fact, a quarter of Americans are currently doing so despite the relative ...

  6. IRS tax forms - Wikipedia

    en.wikipedia.org/wiki/IRS_tax_forms

    1040. As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.

  7. How to Do Your Taxes if You're a Homeowner - AOL

    www.aol.com/news/2013-02-22-tax-advice...

    Provided you are actually eligible for the home office deduction (learn more so you don't get audited), deducting the expense could either be a smart decision or a poor one. That's because once ...

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