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2012 Home-Office Deduction Follows Old Rules

While the IRS has proposed a simplified method for claiming the home office deduction on next year’s income tax return, the old rules are still in effect for 2012. Whether you’re new to the deduction...

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Monthy Payroll 941 Deposits

Title: Monthy Payroll 941 Deposits Description: Employers generally must deposit Form 941 payroll taxes (income tax withheld from employees’ pay and both the employer’s and employees’ share of social...

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Dependents Can Be A Complicated Tax Issue

Most taxpayers believe that a “dependent” is a minor child that lives with them. While that is essentially correct, dependents can include children and parents, other relatives and nonrelatives, and...

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