Avoid Home Biz Tax Avoidance Schemes

Deduct your baby as a business expense!  Deduct your dog too! I have seen many new “Get Rich Quick” and “Avoid Business Taxes” home business schemes on the Internet lately.  Looks like they are preying on people who are desperate for work and people who are looking for a way to avoid taxes.
Apparently the IRS is getting tired of these scam artists; they have issued a new warning about home business tax avoidance schemes.  These promoters want you to set up a fictitious business or convert a hobby into a “business” in order to take tax deductions for a …read more