taxes - soaked for extra $

[James Grebe]

----------
> From: Joel Rappaport <joelr@flash.net>
> To: pianotech@byu.edu
> Subject: Re: taxes - soaked for extra $
> Date: Wednesday, April 09, 1997 10:44 PM
>
> PatWilbur@aol.com wrote:
> >
> > James Grebe wrote:
> >
> > >I don't know about you guys but I got soaked for another
> > >> thousand extra this year towards last year.
> >
> > For what? By any chance, was it a penalty for not making quarterly
estimated
> > tax payments? You are supposed to send quarterly payments towards your
tax if
> > you are self-employed.
> >
Dear Joel,

	True about the home office stuff, but I keep telling my tax lady it is not
a home office but a shop.  I don't use my shop full of saws and tools for
dining.
James Grebe

> Another thing we have to watch out for is claiming business use of part
> of the house for "office in the home."  Relatively recent tax court
> cases have held that the "office" has to be not just where we do
> paperwork and make appointments, but has to be the principal place of
> business.  For us, that is where we tune the pianos.  We don't do that
> in OUR houses.  Nor do we do rebuilding in the room that used to be our
> dining room but now has the computer, printer, fax/answering machine,
> office supplies and so forth.  So unless customers bring their pianos to
> our (former) dining room for service, we can't claim office in the
> home.  If they catch you, look out!
>
> Joel Rappaport
> Information Given for Free--Refunds Available
> --Don't rely on me for tax advice; I am not a CPA nor do I play one on
> TV--