Home Office Deduction Changes for 2013

By TaxConnections | Oct 2, 2013
If you use your home for business, there are expenses you can deduct on your tax return. The home office deduction is available to both home owners & renters alike. The home must be used by a self-employed individual or an employee who works from home for his employer’s convenience.
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Small Businesses Owe Big

By TaxConnections | Sep 25, 2013
Last December, the Second District Court of Appeal for California ruled in Cutler v. Franchise Tax Board that a California business incentive program violated the United States Constitution’s Commerce Clause.
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R is for Recapture

By TaxConnections | Sep 16, 2013
R is for recapture. Recapture is a term that comes into play in a variety of circumstances, but it means the taxpayer is picking up income or tax, which is always a bad thing. Recapture is most commonly applied to depreciation.
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