The Daily Item, Sunbury, PA

Business

February 1, 2013

Imagine this -- a deduction simplified

(Continued)

WASHINGTON, D.C. —

     After reviewing historical home office deduction information, the IRS came up with the $1,500 figure, believing it would offer small businesses a practical alternative to the current, more complex calculation, a spokesman said. Arslan of the National Association for the Self-Employed said the group has endorsed the $1,500 as a trade-off for a less cumbersome process. "I think a lot of business owners would consider the standard deduction, considering what they would save in time or the money they would spend to hire someone to help them get the deduction," she said. Makes sense to me.

 Readers can write to Michelle Singletary c/o The Washington Post, 1150 15th St., N.W., Washington, D.C. 20071. Her email address is singletarym@washpost.com. Comments and questions are welcome, but due to the volume of mail, personal responses may not be possible. Please also note comments or questions may be used in a future column, with the writer's name, unless a specific request to do otherwise is indicated.

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