If you use part of your home for business, you may be able to deduct expenses for the business use of your home. These expenses may include mortgage interest, insurance, utilities, repairs, and depreciation. Refer to Home Office Deduction and Publication 587, Business Use of Your Home, for more information.
CVS closing 200 stores. In an effort to restore long-term, double-digit earnings, drug store retailer CVS Corp. announced that it plans to close 200 of its 4,100 stores, close its North Carolina distribution center and improve its in-store service.
Target Is Closing As Many Stores As It Opened Last Year. Target might have Alex, but the teen heartthrob isn't enough to save some of the company's stores from getting the ax. The retail giant said Tuesday that it plans to shutter 11 underperforming stores by next February, about six months after it closed eight other locations. That brings the total number of closures to 19 this year -- as many locations as the company opened last year, according to its annual report. âThe decision to close a Target store is only made after careful consideration of the long-term financial performance of a particular location,â the company said in a statement.