Small Business Administration lists regulations ripe for review

Small Business Administration lists regulations ripe for review - http://columbus.bizjournals.com Avatar Posted by suzyQ under Taxes
From http://columbus.bizjournals.com 4609 days ago
Made Hot by: on March 12, 2008 1:27 pm
The federal government's in-house advocate for small businesses released a list of 10 regulations that agencies should review, including simplifying the home office business deduction. This regulatory change would benefit millions of home-based businesses, many of which now don't take the deduction because of its complexity and the fear it would trigger a tax audit. Under the proposal, the Internal Revenue Service would provide taxpayers with the option of taking a standard deduction if they use part of their home exclusively for business.





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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!