Do you regularly work from home? If you do there may be a tax deductions that allows you to deduct expenses for business use in your home. In the past, if you wanted to claim a home office in your tax deductions you were required to calculate, allocate, and substantiate complex and drawn out requirements. […]
U.S. businesses are faced with a myriad of tax regulations when preparing and filing returns. Although it is time consuming, management must sort through these rules to reduce taxable income to its legal minimum. Luckily, the Internal Revenue Code does provide deductions businesses can use, and parsing through the IRC reveals some simple, yet effective […]