Wednesday July 05th 2006, 11:50 am -
Category: Income Taxes
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Lets say you have a home office, but you’re not declaring a home office on your taxes, just because of the extra form you have to fill out and because of the added attention it may bring. Can you still put the electricity bill (or a percentage of the electricity bill) as a deduction on your income tax return? I don’t know why I’m thinking about it now, as it’s not tax time, but what a headache.
I’m beginning to think we’d all be better off if we just had a flat tax. Just add a federal income tax on all the goods and services we purchase, and eliminate income taxes. Just imagine how much easier that would be - and no more complicated tax forms. In fact, no more IRS either, no more audits. The only bad part is - no more IRS jokes.
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