Bauman Associates Certified Public Accounts and Advisors
Tuesday, February 7, 2012
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Tip of the Week
Important Notice
 

Required Circular 230 Disclosure

New IRS rules require us to give you the following notice: This written advice is not intended or written to be used, and cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer.

Contact us today for advice that makes sense and profits!

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Pennies do not come from heaven—they have to be earned here on earth.  
—Margaret Thatcher

Tip of the Week
Simple ideas that make good sense.

There's no place like home

Work in your pajamas and get a tax deduction, too! Home-based businesses profit from lower tax obligations. One obvious benefit is lower overhead expenses. But, more importantly, it will allow you to deduct the business use of your home, provided that you establish a separate space in your home solely for the operation of your business.

For more ideas on leveraging your home-based business, contact us.

Last Week's Tip

Know More, Owe Less! Know Your P&L

Get to know your business

Contact us for getting a better handle on your business financials.