How much does the IRS love thee? Let me count the ways…

You always file all of your payroll reports when they are due, and you know they’re right because you always send in what QuickBooks generates for you, right?  So why are you receiving love letters from the IRS?

In this technological day and age, tax agencies have the ability to “talk to each other,” and they make good use of it.  If your 941s  and your quarterly state reports don’t exactly match your W-2s and other yearend reports, you can expect to find love letters in the mail. Continue reading How much does the IRS love thee? Let me count the ways…

Can I deduct expenses for my home office?

Many people in today’s work environment use a designated space in their home as an office.  One of the most frequent questions I receive during tax season is “Can I deduct expenses for my home office?”  This often triggers no less than half a dozen questions on my part.  What the average taxpayer does not realize is that the IRS has some very specific rules relating to home office deductions. Continue reading Can I deduct expenses for my home office?