The tax filing season is almost ove and in the rush to get your taxes prepared before April 15 mistakes can be made that could trigger an audit. These 10 tips will help you save time and help to protect you in the event of an IRS audit: 1. Gather your records. Collect all tax records …
There are a few tax rules that affect everyone who files a federal income tax return. This includes the rules for dependents and exemptions. The IRS has seven facts on these rules to help you file your taxes. 1. Exemptions cut income. There are two types of exemptions: personal exemptions and exemptions for dependents. You can …
The President’s Day Holiday is one of the busiest times for IRS phone lines. But you can avoid the wait. The easiest thing you could do is simply call us at (562) 251-1300, However the IRS has some easy options to help you find your answers. To save time, taxpayers should make IRS.gov their your …
If you use part of your home for your business, you may qualify to deduct expenses for the business use of your home. Here are six facts from the IRS to help you determine if you qualify for the home office deduction. 1. Generally, in order to claim a deduction for a home office, you must …
Home Office Deduction: A Tax Break For Those Who Work From Home Read More »
