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Health & Fitness

Know About the New Home-Office Tax Deduction?

With April 15 mere days away, the Minnesota Society of Certified Public Accounts wants to help taxpayers as they finalize their returns. Be sure to check Patch every day or so to catch the latest tip

Is the pressure of Tax Day getting you down?

With April 15 mere days away, the Minnesota Society of Certified Public Accounts wants to help taxpayers as they finalize their returns. Be sure to check Patch every day or so to catch the latest tip.

Today’s tip:

Find out what's happening in Eaganfor free with the latest updates from Patch.

A new, simplified home-office deduction, capped at $1,500 per year, can save home-based business owners many hours of recordkeeping for tax purposes. Be sure to head to the IRS website to learn more.

The MNCPA serves the public interest by advancing the highest standards of ethics and practice within the CPA profession. MNCPA delivers on that promise by offering extensive continuing professional education and resources; advocating for members and the public with regulatory agencies and boards; and mentoring and encouraging the CPAs and business leaders of tomorrow. Founded in 1904, the MNCPA has more than 9,100 members working in public accounting, business, industry, government and education. To locate a CPA, visit www.mncpa.org/referral or call 800.331.4288.

Find out what's happening in Eaganfor free with the latest updates from Patch.

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