Please note: This post will be a little long today. But, I didn’t think it would make sense to split it into multiple entries. I am pretty sure you will agree with me when you finish reading it.
Continue reading Tax Planning- for Tax Savings
I’ve had a slew of folks argue with me that their business has no office but the one in their home. If their business is unincorporated (and if your net income is $ 25K or higher- shame on you for being unincorporated) or a disregarded LLC, I agree that they have the ability to claim part of their home’s expenses for business purposes, using Form 8829.
Continue reading When a home office is not a home office
No. I am not worried about the “unlucky” number 13 that is today’s secular date. (It is also Shushan Purim, 15 Adar.) I’m worried that many of you have forgotten that the rules have changed.
