Introduction The home office deduction allows self-employed individuals and business owners to deduct home- related expenses used for business purposes. However, many taxpayers either miss out on this deduction...
Introduction Tax credits directly reduce the amount of tax a business owes, making them one of the most effective ways to lower tax liability. Unlike deductions, which lower taxable...
The IRS has entered a new phase of its review process for the Employee Retention Credit (ERC), highlighting significant concerns about improper claims. This step underscores the importance of...