NASE Member Scott Scribner testified on Capitol Hill regarding the importance of the SBA Office of Advocacy’s Regulatory Review and Reform (r3) initiative to reduce the confusion and complexity surrounding the home office deduction. Key hurdles faced by the self-employed in taking this deduction are the strict qualifying requirements, the complexity of the form and instructions, and the underlying fear that employing this tax benefit will flag them for review or audit by the IRS.
Jul 30, 2008
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