IRS

The Office of Advocacy applauds yesterday’s decision by the Internal Revenue Service to offer a simplified version of the home office deduction. Advocacy has been engaged with the small business community and the IRS on this issue for…

On July 24, the Office of Advocacy recommended that IRS eliminate the “use-it-or-lose-it rule” for health flexible spending accounts (FSAs). Advocacy’s letter pointed out that the rule negatively affects small business employers offering…