Jan 22
The dreaded home-office deduction is about to get a little easier. The Internal Revenue Service announced last week that it will be introducing a simplified option for claiming the home-office deduction. Long considered a red flag for audits, the home-office deduction is used by home-based businesses and some other home-based workers to write off the […]
Jan 17
This is a small plug for my law firm, Fort Law Group, PLLC, but I think you’ll find it helpful. Whether you are 80 years old or 18, chances are there has been a point in your life when you could have benefited from having an attorney. In fact, practically everyone needs or could greatly […]
Jan 17
Almost a week ago, 26-year-old Internet activist Aaron Swartz hanged himself. Aaron was facing a range of felony charges and prison time for using the Massachusetts Institute of Technology’s computer network to download nearly five million academic journal articles from a database that charged for access. Aaron then planned to make the downloaded articles available […]
Jan 4
Many small business owners may face significantly higher taxes for 2013, as a result of Washington’s last-minute deal to avoid the fiscal cliff. The fiscal cliff deal did not change the existing corporate tax rate, which is no more than 35%. However, the new bill will affect individual tax rates on income. For example, an […]
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