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News You Can Use: Home Office Safe Harbor Approach

WASHINGTON — The Internal Revenue Service today announced a simplified option that many owners of home-based businesses and some home-based workers may use to figure their deductions for the business use of their homes. In tax year 2010, the most recent year for which figures are available, nearly 3.4 million taxpayers claimed deductions for business …

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Prenuptial Agreements

Big Tip: If you are going to get married and you have substantial wealth accumulated, I would STRONGLY suggest that you get a prenuptial agreement,which will eliminate any payment from your accumulated assets if a divorce occurs. In order to make the prenuptial agreement valid , you would have to make full disclosure of your …

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