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IRS Simplifies Home Office Deduction

WASHINGTON DC (January 24, 2013) — The Internal Revenue Service announced a simplified option that many owners of home-based businesses and some home-based workers may use to figure their deductions for the business use of their homes. In tax year 2010, the most recent year for which figures are available, nearly 3.4 million taxpayers claimed deductions for business use of a home (commonly referred... 

IRS Plans January 30 Tax Season Opening for 1040 Filers

Sedona AZ (January 21, 2013) – Following the January 2013 tax law changes made by Congress under the American Taxpayer Relief Act (ATRA), the Internal Revenue Service announced it plans to open the 2013 filing season and begin processing individual income tax returns on January 30, 2013. The IRS will begin accepting tax returns on that date after updating forms and completing programming and... 

No time for taxes? Here’s an IRS extension form!

Due April 15 2010–Not enough time to complete your 2009 income taxes before the deadline?  Sedona Times subscriber and city resident, Petra L., found an IRS.gov web site form that allows for an extension. http://www.irs.gov/pub/irs-pdf/f4868.pdf  Read More →
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