It should come as no shock that the IRS isn’t perfect.
So what happens when they screw up and their error costs you money?
In my new article I’ll tell you how the IRS made just such an error in their publications and instructions — an error that concerns the gross-income limit that applies when you want to claim the home-office deduction and have more than one place of business.
The good news? You don’t have to suffer when the IRS makes a mistake… but you have to know how to play the game. You’ll learn how to take on Uncle Sam and win when you read my new article titled Tax Tips: IRS Makes Income Limit Mistake on the Home-Office Deduction.
Three ways our fact-filled article can help you:
- We’ll tell you what the IRS is getting wrong. For starters, they want to know what percentage of your gross income comes from your home office and what percentage is generated from your regular office. But this is NOT information you legally have to provide as you’ll learn when you read the full article.
- You’ll find out what the law actually says. In fact, the law looks at your entire business income from all locations for that business and then applies the gross-income limit to the home-office deduction on a gross-business basis. We’ll explain this in easy-to-understand language, when you read the full article.
- You’ll learn what to do if the IRS gives you static. If you do have to square off against the IRS you should know that you have the law on your side. We’ll tell you everything you have to know when you read the full article.