Learn how to use IRS Form 4562 to claim depreciation and amortization deductions for business property. Understand the criteria, asset types, and filing process.

Writing off equipment like this printer can be a big part of making your business profitable. Image: HP. As tough as individual tax returns are, they can be a lot simpler than what you'll face if you ...

Although no direct tax credits are available for the business ownership of trucks, a small business can use the tax rule that allows 100 percent deduction of a new truck purchase if the truck is a ...