Fifty-two percent of small businesses in the U.S. are home-based. However, the home office deduction is rarely used by these entrepreneurs. I’ve personally recommended business owners shy away from it because the experts say it’s a red flag for an audit and who wants to be audited? Here’s the issue.
Continue Reading: IRS Makes Home-Office Deduction Easier to Use →Tag Archives: tax-preparer
It’s tax time. Something none of us can avoid. But what we can avoid is paying more than what we rightfully owe to Uncle Sam. Here ten tax deductions for small businesses that you may overlook. Make sure you review them before you submit your filing this year. And it’s always smart to double check with a professional
Continue Reading: Top Ten Tax Deductions Small Businesses Should Know →


