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Tax Tip 2022-10, January 19, 2022 ¡ª The home office deduction allows qualified taxpayers to deduct certain home expenses when they file taxes. To claim the home office deduction on their 2021 tax return, taxpayers generally must exclusively and regularly use part of their home or a separate structure on their property as their primary place of business.

Tax Tip 2022-37, March 9, 2022 ¡ª Rent is any amount paid for the use of property that a small business doesn¡¯t own. Typically, rent can be deducted as a business expense when the rent is for property the taxpayer uses for the business.

Information for those needing a taxpayer identification number for a child who has been placed in their home pending final adoption.

The Inflation Reduction Act of 2022 (IRA) amended and enacted various clean energy tax incentives that provide increased credit or deduction amounts if certain prevailing wage and registered apprenticeship requirements are met. Treasury and the IRS published final regulations on June 25, 2024, providing rules and definitions for taxpayers seeking to satisfy the prevailing wage and apprenticeship requirements. These frequently asked questions and answers are based on the final regulations.

You generally cannot get an extension of more than 6 months. obÌåÓýever, if you are outside the United States and meet certain tests, you may be able to get a longer extension.

Gather documents you need to prepare and file your tax return.

Tax Tip 2022-117, August 2, 2022 ¡ª A business might pay an independent contractor and an employee for the same or similar work, but there are key legal differences between the two. It is critical for business owners to correctly determine whether the people providing services are employees or independent contractors.

Frequently asked questions about the 2021 Child Tax Credit and Advance Child Tax Credit Payments: Eligibility for Advance Child Tax Credit Payments and the 2021 Child Tax Credit

We reviewed your Form W-7A, Application for Taxpayer Identification Number for Pending U.S. Adoptions, but we couldn¡¯t process it.

Listing of ACCI-approved FAQs about International Individual tax matters by category.