Don’t Forget About These Tax Breaks

Tighe, Kress & Orr.

By: Tighe, Kress & Orr.

Business owners: Don’t forget about these tax breaks. The IRS is encouraging small business owners and self-employed individuals who work from a home office to explore the guidelines surrounding home office deductions. See IRS Publication 587 at https://bit.ly/2r5JfH8 The agency also is reminding employers that they can take advantage of the Work Opportunity Tax Credit (WOTC) when hiring long-term unemployment recipients and other workers with employment barriers. There are now 10 categories of WOTC-eligible workers. Learn more at https://bit.ly/2rJhGUu

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