The Real Benefit Of the Home Office Deduction (Hint: It’s the Travel Expense)

The Real Benefit Of the Home Office Deduction (Hint: It's the Travel Expense)
I once asked my doctor what he thought about pharma ads and their ubiquitous tagline of “ask your doctor if Xilipum (not a real drug, I hope) is right for you.” He was not a fan. Now that I’m a CPA, I can partially commiserate. Joe Schmo loves to tell our client they should “just ...

Falling Flat

Falling Flat
I’m sorry to tell any of you who were hoping for some change, but we will never have a flat tax system. Not a real one, at least, so just leave it alone. I’m talking about any kind of flat tax. Flat individual income tax. Flat corporate income tax. Herman Cain’s “9-9-9” plan. It’s just ...