OFFICE-IN-HOME EXPENSES
Office in home expenses will be allowed for the place of business which is used by the taxpayer for the administration or management activities of the taxpayer’s business, if there is no other fixed location of the business where these activities are substantially performed. The home office must still be used regularly and exclusively, but now no longer needs to be the place where the income-producing activity takes place.
Our professional staff wants to help you understand the new tax law changes and help you get as big a refund as possible. Avoid the rush and make your appointment early – because the earlier you file, the faster you’ll get your refund. Start 2015 right by calling Tax & Accounting Plus today at 309-827-4010.
