Deducting the Home Office - Such advice is...
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Such advice is based on an incorrect interpretation of Section 861
and other parts of the tax law and has been refuted in court. Employers can be
held responsible for back payments of employment taxes, plus penalties and
It is worth noting here that employees who have nothing withheld from their
wages are still responsible for payment of their personal taxes.
Return Preparer Fraud
Dishonest return preparers can cause many headaches for taxpayers who fall
victim to their ploys. Such preparers derive financial gain by skimming a portion
of their clients’ refunds and charging inflated fees for their return preparation
services. They attract new clients by promising large refunds.
Taxpayers should choose carefully when hiring a tax preparer. As the saying
goes, if it sounds too good to be true, it probably is. No matter who prepares the
return, the taxpayer is ultimately responsible for its accuracy.
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