New standard home office tax deduction would help 180,000 Hoosier entrepreneurs claim up to $1,500 in simplified relief. Washington, DC – October 6, 2009 – (RealEstateRama) — Seeking to make it easier for Indiana’s 180,000 home-based small businesses to take advantage of an important tax deduction, Senator Evan Bayh today proposed legislation to simplify the federal home office tax deduction and provide small businesses additional help to succeed.
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