Key Takeaways - Is Interest on Personal Loans Tax Deductible? You can use a personal loan for a variety of useful purposes, but borrowing money can be expensive. To cut down on costs, you may wonder: ...

Whether you finance or lease business equipment and vehicles, there are clear tax benefits unique to both. Here’s what you need to know.

Despite having no employees, solopreneurs face many of the same challenges as small business owners: funding, healthcare, ...

Getting a tax deduction for interest paid on a credit ... see if you can get a cheaper form of credit, such as a small-business loan or line of credit. Even if you think you won't have interest ...

Only self-employed individuals are eligible for a tax deduction. You will need to keep detailed records to prove your business use when you file your taxes. Car loan interest is deductible in ...

Interest from home equity loans and HELOCs may be tax deductible. However, you must use them for major projects like home office improvements, medical-related home renovations and energy-efficient ...