Congressional leaders may be out to help the small business owner with a new proposed bill. The “Home Office Tax Deduction Simplification and Improvement Act of 2009” would create simpler way for small business owners to cut through the complex tax code and take advantage of the home office tax deduction. The details of the Act would also open the home office deduction to many of the small business owners who did not qualify for the home office deduction in the past.
Currently the bill is backed by many of the advocates for small businesses, so now is the time for you the small business owner to call your legislator and tell them to vote yes.
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