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Simplified Option for Claiming Home Office Deduction
Starting in tax year 2013, many owners of home-based businesses and some home-based workers may utilize this simplified method to calculate their deductions for the business use of their home. This...
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Commonly Missed Tax Deductions
It’s nearing the end of the year and you know what that means… tax time! Most Americans are well aware of the more popular tax deductions and the need to keep charitable contribution receipts. However,...
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Important Tax Deductions
Taxpayers like deductions because they’re a key to lowering taxes. But not all deductions work the same way in the tax calculation. Those you are allowed to claim “above the line” can be especially...
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