The article suggests one deduction that could raise an auditors eyebrow is the “home office” deduction. I’m not surprised. Owning a small, home-based business myself, I often have friends and family recommend that I should write off the area in my home that I use for the business, despite the fact that the area is used primarily for living. One family member is preparing to take the CPA exam too! When I reminded him that the tax law says the area must be used EXCLUSIVELY for the business he said I should “relax.” He needs to get some tax training from TaxEngine.com’s tax tips website.

An audit is the last thing I want.

Click HERE to read other suggestions from the MSN article.