Kenny Hulshof: “A couple months ago I was able to participate in a field hearing that was actually conducted by the gentleman from…”

“A couple months ago I was able to participate in a field hearing that was actually conducted by the gentleman from Missouri [Mr. Talent], who is the chairman of the Committee on Small Business. This was a field hearing in St. Charles, Missouri. We had testimony at that field hearing from four women just regarding the home office deduction and why it was so essential that we give them some help. Right now, the IRS takes a very dim view of those who take a deduction that have offices in their homes, and I think this tax package tomorrow will help those women or those families and just restore some fundamental fairness. For instance, if the gentleman had an office that he rented in his next door neighbor's home and he had a telephone line and fax machine and had some other things, and he paid rent in his next door neighbor's home for an office in that home, he could take that as a fully deductible expense. But if he had those same things in his home, the telephone line, the fax machine, he cannot in most instances take that deduction.”