New Census Results Suggest Home Office Deductions Will Increase

The Watson CPA Group sees increased home-based workers taking the home office deduction on their tax returns. While the IRS has backed down a bit on home office audits, this deduction continues to be incorrectly taken. Colorado Springs, CO (PRWEB) October 08, 2012 The United States Census Bureau recently released its findings for 2010 home-based workers. While the increase is modest from 7% in 1997 to 9.5% in 2010, there are some interesting highlights. About 1 in 4 people who worked from home were in management, business and financial occupations. Computer, engineering and science ind
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