Qualifying For The Home Office Deduction In recent years, many people have pivoted to working from home, and that brings up tax questions. If you’re one of those people, you might wonder, “Can I claim the home office deduction on my 2022 tax return?” If you are an employee and get a W-2 form, you probably cannot use this option. …
Where Is My Big Refund?
Changes in the Tax Law for 2022 Some tax credits return to 2019 levels. This means that affected taxpayers will likely receive a significantly smaller refund compared with the previous tax year. Changes include amounts for the Child Tax Credit (CTC), Earned Income Tax Credit (EITC) and Child and Dependent Care Credit.
The Incredibly Shrinking IRS
The many headlines about the IRS are just so much shit! No credibility. Just Congress trying to protect their rich contributors from their old enemy an Internal Revenue Service Employee with the power to summons their financial information. I had that power as a Senior Revenue Officer with the IRS for 33 years. I used to be one of those …
Feels Like I was Sentenced to 42 Years of Doing Tax Work
I started working for the Internal Revenue Service in 1981. I was a tax collector for 33 years. Then I retired and in a quest to help people with the challenging tax dragon, I started RMS Tax Consulting LLC. I represent people in their troubles before the IRS. I also do tax returns. Sometimes it feels like I have been …