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It goes without saying that the death of one's spouse is typically an extremely difficult emotional trauma.  When one loses a spouse, the last thing on the surviving spouse’s mind is the tax issues to be addressed.  

Are you a business owner or contractor?  If your regularly work from home, you may be able to take advantage of a deduction for the business use of your personal residence. The home office deduction, however, has some specific requirements you should be aware of before claiming it on your tax return.

The Last Chance to Take Advantage of “File and Suspend” is Fast Approaching!

As posted in Accounting Today
March 8, 2016 by Michael Cohn