Review slides and lecture transcriipt for Chapter 6. Review case from IRS as well. Additional slides are included for more context and proper citation assistance. Complete the research report for this module, according to the following instructions.
Chris Mack, a local CPA, is a self-employed tax return preparer. Chris works from home in a room that is exclusively used on a regular basis as the principal place of business. Last year, Chris built a new bathroom across the hall for his clients’ use. Although the vast majority of use of the bathroom is from clients, occasionally a family member or guest uses the bathroom. Can Chris deduct the additional bathroom space as part of his home office?
Use the UC Internet research resources (attached) to answer the question posed above. Your response should be 2-3 pages, double-spaced, with normal margins and font size. You should submit a Word document that I can open and add comments to. Please proofread your submission and check the citations to authoritative sources before submitting the assignment. Once you have submitted your Word document, you will not be permitted to make revisions and resubmit the document.