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- S.3371
S.3371: Home Office Tax Deduction Simplification and Improvement Act of 2008
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced July 31, 2008
- Latest Major Action July 31, 2008
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Home Office Tax Deduction Simplification and Improvement Act of 2008 - Amends the Internal Revenue Code to allow a taxpayer who uses a residence to conduct a trade or business to elect a standard tax deduction equal to the product of a standard rate determined by the Secretary of the Treasury and the square footage of the portion of a residence used to conduct a trade or business (home office tax deduction). Modifies the rules for the home...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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July 31, 2008 |
Introduced in the Senate by Olympia J. Snowe (R-Maine) |