Category: tax

13 Feb

Home Office Deduction

Weather like today makes me value being able to work from home. Not having to leave the house in hazardous conditions is a plus but being able to take advantage of the home office deduction on my tax return is a bonus. If you use part of your home for business, you may be able […]

24 Jan

IRS Red Flags

Here are a few things that triggers the IRS to dig a little deeper into your returns: 1. Once you start to make over $200,000 Your audit risk goes from 1 in 100 to 1 out of every 27 returns. 2. IRS matches all W-2s 1099s so make sure you report this income. A mismatch […]