This just in from Ron Mueller:

WARNING: IRS puts a “triple whammy” on home-business owners. Driven by Washington's massive spending spree, auditors are under more pressure than ever to “bring home the bacon” - and it's YOUR bacon! In the coming year, if you are a Schedule C filer (sole proprietor or LLC), your chances of being audited just doubled.

Whammy #2: And if they do audit you, they will try to prove that you are not running a “business with the intent to make a profit” (which would kill ALL of your home business tax deductions).

Whammy #3: They are going to take a careful look they will take at the deduction you took — or didn't take — for business use of your home (i.e., home office). The taxpayer's problem will NOT come from CLAIMING this deduction, but from NOT claiming it. You see, auditors are being taught that every legitimate business must be “based” somewhere. If you claim to be a home-BASED business but you don’t claim a home office, where is it BASED?  

IF YOU WANT TO BULLET-PROOF your HBB deductions by doing this RIGHT, attend Ron’s Special Tele-Conference Briefing on Wednesday, October 21^st at 6pm PDT/9pm EDT. $19.95 but free to Mentors Club Members and to annual subscribers to “Mastering Tax Savings” series. ENROLL AT: www.homebusinesstaxsavings.com/mastering-tax-savings-audios 

Ron always has great information and I know there will be other topics on this call. Don't miss it.