Posts Taged home-office

IRS audits and notices

The good news though is that the amount of audits has gone down. In 2010 the audit rate for individuals was 1.1% and in 2015 it was .8%.  So 350,000 fewer people were audited in 2015 than in 2010. You are more likely to receive a Notice than an actual Audit.  Notices are normally much […]

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Last Minute Ideas!

Did you file yet?   Here’s a few ideas for saving on your income tax: Consider if you have dependents that you can claim that you haven’t thought of.  Perhaps your parents are dependents?  Are you supporting them?  Kids in college are also normally still dependents. The IRS has an interview tool you can complete […]

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