Many people work from home these days, but that doesn't mean they can claim the home office tax deduction. Only eligible self-employed individuals may do so, and there are other rules to follow and a couple of different ways of calculating the tax break. We cover the pertinent details.

Effective fiscal policies are vital to prevent "revenue leakage" in your medical practice. This happens when services are underbilled, claims are denied, reimbursements fall short of contracted rates or patient balances go uncollected. Here are four ways to tighten up your business practices and preserve your financial well-being.

Tax credits are far more valuable than tax deductions. Unlike a deduction, which reduces a business's taxable income, a credit reduces the business's tax liability dollar for dollar. Credits aren't unlimited, however. For businesses, the aggregate value of tax credits may be limited by the general business credit. This article explains how it works and lists specific credits it includes.

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