AFS Blog


The IRS has alerted the public to another pfishing scam making the rounds. In this one, the taxpayer is mailed an official looking form to fill out, but that form has been altered so as to collect valuable information for identity theft, such as passport number,...

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Filing an extension for your taxes

Many are concerned that filing an extension can cause a red flag or increase chances of an audit.  That is simply not true.  Extensions are used all of the time by families, individuals and businesses. If the gathering of your paperwork is rushed or if you really...

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S-Corp Deduction for Home Office

Taking a deduction for home office expenses is trickier for an S Corp business but it it still a legitimate deduction if done properly.  It is important that you carefully structure the relationship between yourself and the S corporation.  Done properly, the deduction...

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