Tag Archives: home office
New Simplified Home Office Deduction
IRS has revised Publication 587, Business use of Your Home, for use in preparing 2013 returns. The revised publication clarifies important aspects of the new optional safe harbor method of computing deductions for business use of a home, including a … Continue reading
Simplified Home Office Deduction Next Year?
The IRS, in an attempt to ease the burden on small business, has introduced procedures to significantly simplify the home office deduction rules. These rules, pending comment and final approval, would be effective for the 2013 tax year. Under the … Continue reading