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OFFICE IN HOME

Wherever you wander, there’s no place like home.

—SONG LYRICS BY JOHN HOWARD PAYNE

The Song Is Right! Let’s Stay Home

In 2012, the latest year for which IRS statistics are published,1 more than 32,783,232 business returns were filed, reporting over $35 trillion in sales. Of these businesses, over 23 million were “nonfarm sole proprietorships.” In other words, they were businesses like yours and mine. Businesses like ours produced $1,301,569,749 in revenues for this country—that’s over $1.3 trillion! In total, those small businesses also reported a little more than $1 trillion in expenses. Although the IRS tracks information on ...

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