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Updated over 10 years ago on . Most recent reply presented by

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Larry Flanagan
  • Investor
  • Midwest, USA
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How much should I be paying for tax returns?

Larry Flanagan
  • Investor
  • Midwest, USA
Posted

I have an S-corp that rehabs and I own a few rental properties personally.  I turn over my Quickbooks for the S-corp and a spreadsheet for the personal stuff.  Its pretty much fill in the blanks for my tax returns.  What should I be paying for this?

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Brandon Hall
  • CPA
  • Raleigh, NC
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Brandon Hall
  • CPA
  • Raleigh, NC
Replied

@Mike H. Mileage and home office deductions raising red flags for an audit are both myths. In fact, the IRS has made it easier for taxpayers to take advantage of the home office deduction.

Don't let that money go to waste. It's easy to deduct and support if you have solid, valid documentation. 

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