How To Legally Steal From The IRS... Home Office PDF (Adobe DRM) download by Thomas D. Sullivan

How To Legally Steal From The IRS... Home Office

Etuity, Inc.
Publication date: March 2007
ISBN: 9780976565147
Digital Book format: PDF (Adobe DRM)

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Claiming a home office deduction can generate great tax savings, but it comes with major tax traps for the uninformed. This eBook safely navigates you step-by-step through the difficult home-office deduction requirements: .exclusive use .regular use .principal office. It shows you how to qualify under exceptions to these rules, maximize your deduction and avoid common taxpayer mistakes. The eGuide analyzes the three categories of eligible home office expenses and shows you how to optimize your home office deductions. It provides a sample home-office time sheet with the specific entries that virtually guarantee your deduction. This guide explains recent IRS rule changes that now dispel the fear that the IRS will penalize you when you sell your residence if you claim a home office deduction. It reveals why you should want to claim this deduction. It reviews and explains the IRS substantiation requirements and provides numerous examples with completed forms for claiming your deduction, including a comprehensive home office deduction start-to-finish example. This eGuide includes comprehensive easy-to-use summaries, tables, checklists, deduction flowcharts and an abundance of practical examples for quick study and review. It concludes with a very detailed 26 step-by-step, specific action plan to maximize and secure your home office deductions. Pages: 137
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