Essentially, the number of allowances you claim relates to your filing status and the number of dependents you anticipate claiming. If you over estimate your dependents or choose a filing status that you are ineligible for, then your withholding will always be less then the amount of tax you ...
One of the biggest changes the IRS has made to meal allowances per diem rates is the overall deduction. They specify that food or beverage expenses are generally limited to 50% of the deductible price. However, they added a temporary exception with a 100% deduction for food and beverages pr...
To determine the deductible amount of these expenses, multiply them by the percentage of your home used for business that’s calculated in Part I. For example, if your home office makes up 10% of your home's total square footage, you can deduct 10% of your indirect expen...
IND-433IRS Problem: The IRS—not eFile.com—rejected your Federal Tax Return due to a PIN-related problem. Solution: Sign into your eFile.com account, click on "My Return" on the green section in the upper left, and read the instruction message on the right: Be sure to include your ...