The biggie is the home-based business, or side consulting that can generate a 1099. It opens up a great deal of home based deductions that would normally have to amount to over 2% of AGI before they even begin being deductible. I ran into that with my 2008 taxes. Lots of work-related expenses not covered by my employer that didn’t pass the 2% threshold. Time for me to go out and get some side work.
Anyone need the services of a computer network expert? VoIP, Wi-fi, routing/switching, LAN/WAN, Cisco, Nortel, Juniper. I bring 10 years of global enterprise level experience. Small jobs welcome 🙂
