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.
Caruso also said there is no hard timeline for when the stores will be closed during the period for cost cutting. The soon-to-be closed stores make up roughly 2% of the Walgreens' 8,232 drugstores in the United States, Puerto Rico and the U.S. Virgin Islands. Walgreens also said it opened 71 new drugstores in this region in the first half of fiscal 2015, including 25 relocations.