Posts Tagged ‘Coronavirus Relief’

The home office deduction can provide significant tax benefits for self-employed physicians. But being aware of the right way to go about claiming it is essential to maximize this tax benefit for your specific situation.

  Individuals and Families Individual Tax Credit/Rebate All individuals who are not dependents are eligible to receive a rebate of up to $1,200 rebate ($2,400 for married filing joint taxpayers). In addition, taxpayers with children dependents qualify for up to a $500 rebate per child. The payment will be based on the 2018 tax return…