Medical Billing Forum

General Category => General Questions => : Merry December 03, 2013, 03:52:16 PM

: New Home Business Deductions
: Merry December 03, 2013, 03:52:16 PM

There are new rules for filing 2013 for home based businesses. As of this writing (Dec 2013), the IRS publication #587 has not been updated to reflect these changes.

 Here is a link that may help: http://www.costcoconnection.com/connection/201312/?pg=32&pm=2&u1=friend

or at YouTube at https://www.youtube.com/watch?v=zfY9zSZw2dI

: Re: New Home Business Deductions
: PMRNC December 03, 2013, 04:20:51 PM

That first link goes to costco. LOL

Here's a direct Link to IRS: http://www.irs.gov/uac/Small-Business-Health-Care-Tax-Credit-for-Small-Employers

: Re: New Home Business Deductions
: Merry December 03, 2013, 08:52:54 PM

I know it went to Costco Linda..It is an excellent article written by someone who used to work at the IRS. I couldnt copy it so sent the link.

: Re: New Home Business Deductions
: PMRNC December 04, 2013, 04:08:11 PM

Ah I see it now.

YOU can choose which method.. but you must choose one method.. I dunno seems like a little smoke and mirrors to me. simpler may not mean "best deduction"