Sunday, September 28, 2008

Garden office deductions to get easier in US?

That's what it looks like according to Kelly Spoos in the Wall Street Journal. She writes:
"Some lawmakers in recent months have proposed creating a “standard deduction” on home offices that would allow anyone with rooms exclusively used for business to claim it. Sen. Olympia Snowe (R-Maine) and Kent Conrad (D – N.D.) introduced a bill in late July to create such a standard deduction. They also recommended changing the definition for client meetings in the home to include meetings held by phone or Internet – not just in-person meetings."
It's obviously a complicated issue so do read the rest of her post and click on her links for more information.

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