Tax-Time Tips For At-Home Workers

CNN:

It is at least 1,000 pages long. It costs $787 billion. And it’s as thick as two telephone books.

The size and scope of President Obama’s stimulus package is staggering. But for many Americans who work at home, their concerns about the package can be reduced to one question: What’s in it for me?

There are indeed some goodies in the stimulus package for people who work at home, several tax experts say. They examined the package to see how its tax changes would help those workers who go solo and they highlighted several areas.

At least one, Heather Villa, CEO and founder of IAC-EZ, which offers bookkeeping and tax preparation software for small businesses, came away impressed with the entire package.

“The tax changes in President Obama’s stimulus package are going to help everyone, not just work from home individuals,” Villa said. “The variety of incentives, credits and breaks that the government has devised are well rounded.”

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