Section 179 of the Internal Revenue Service tax code contains information about the deductions that businesses can make from their gross income for equipment or software purchased during a tax year. This section consists... More » Business & Finance Taxes Income Tax

A car, truck, sport utility or crossover vehicle that an owner uses for qualified business purposes at least 50 percent of the time can qualify for a business expense deduction on her federal tax return through Section 1... More » Business & Finance Taxes

Vehicles that are used for business purposes can qualify for the deduction under IRS Section 179. While there are no specific requirements as far as the make and model of the vehicle there are requirements for what the v... More »

You can fill out Internal Revenue Service Form 6521 by entering adjusted gross income after itemized deductions, medical deductions, taxes, interest on home equity, miscellaneous itemized deductions and any investment in... More » Business & Finance Taxes

The Internal Revenue Service provides alerts regarding changes to the tax code, tax tips and other relevant information to anyone with a free subscription to the IRS e-News service. News bulletins are sent daily during t... More » Business & Finance Taxes Income Tax

To find information on standard deduction amounts for the 2014 tax year, visit the Internal Revenue Service website. Standard deduction amounts for 2014 increased slightly from 2013, according to the IRS. More » Business & Finance Taxes Income Tax

Taxpayers can calculate their 2014 refund or taxes owed by finding gross income, applying all relevant deductions, subtracting deductions from gross income and multiplying the amount remaining by the appropriate tax rate... More »