Ten IRS Audit Red Flags for Self-Employed Individuals
Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division. The IRS has audited significantly less than 1% of all individual returns ...
How to file taxes for an LLC with no income
LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the ...
CNET on MSN3d
Work Remotely? You Might Not Qualify for a Home Office Tax Deduction
If you're a W-2 remote employee hired for a period of time to complete ongoing work on a company's payroll, you probably ...
AZ Central10d
Can you deduct your home office on your taxes? It's not just 'if.' The key is the 'why'.
The Taxpayer Certainty and Disaster Relief Act of 2020 temporarily boosted the business deduction for food and beverages to 100%, including tax and tip, for 2021 and 2022. Note, entertainment ...