Rental income
An owner of a rental property is eligible for tax deduction from the earnings of gross rent provided the owner makes the following expenses in the current fiscal year....
Top 20 things that you can deduct from your taxes
As soon as it is time to file your tax returns, your face changes color and you grumble and mutter to yourself while filling...
Under the IRS rules, a taxpayer is allowed to deduct expenses related to business use of a home, but only if the space is used “exclusively” on a “regular basis”....
For international transactions Governments have to decide which person and what income needs to be taxed. The basis for this can be personal relationship and economic relationship.
Personal...