Tag Archives: home office deduction

New Option for Claiming Home Office Deduction Starting 2013; Eligible Home-Based Businesses May Deduct up to $1,500

The IRS has announced a simplified option that many owners of home-based businesses and some home-based workers may use to figure their deductions for the business use of their homes. In 2010 3.4 million taxpayers claimed deductions for business use … Continue reading

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