Debra Borchardt, Markets Analyst for TheStreet.com, has had a lot of time on her hands recently, with the awful weather in the Northeast. She decided to get an early start on her taxes. Like always, there’s some good news and some bad news. The home office deduction has finally been recognized by the IRS as valid. The standard deduction has been increased. But on the negative side, various taxes were increased for high earners. Better to face reality early than to get hit with ugly surprises later.
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