I have a client who deals exclusively with rental properties. They have a home office used exclusively for working on the rentals. If I prepare 8829, does it have to be tied to another form?
I issued a 1099 to an S Corp. They called and said we should not send them one because we pay them by invoice. This doesn't seem right to me. We paid them over $5,000 and I think we are supposed to issue 1099. Please help.
I read it from a news letter from Intuit. It says " accelerating and deferring the expenses so that one year's expenses result in a deduction. For example, if an employee buys a new business car...in 2009 or accelerates business trips from 2010 to 2009, he or she may have enough expenses to get over the 2% mark."
I was reading that for 2009, on Sch A, it is possible to accelerate 2010 unreimbursed business expenses, investment expenses, and tax prep fees which are subject to 2%. How exactly does this work?