Here are some answers to questions I often get asked. The filing deadline for 2020 taxes is 4/15/2021. The IRS will not actually start processing files until 2/12/2021. If you did not get your stimulus payment(s) we can file for them with your return. If your income dropped in 2020 you may get additional stimulus recovery…
Here are some things to help taxpayers understand the home office deduction and whether they can claim it: Employees are not eligible to claim the home office deduction. The home office deduction Form 8829 is available to both homeowners and renters. There are certain expenses taxpayers can deduct. They include mortgage interest, insurance, utilities, repairs, maintenance, depreciation…
