The home office deduction is one of the most popular tax deductions for those who work from home. Once you understand how to record, calculate, and report home office expenses, you...
Many people are looking to earn extra money by renting out a room in their homes. When it comes to taxes, this is both good news and bad news.The good news is that your rental income...
Are you afraid to take a home office deduction because you’re worried it might trigger an audit? This fear is common among small businesses. But there’s really no need...
Tax season is daunting for every person, but entrepreneurs and small business have to pay attention to deductions and benefits. There are different business strategies and structures...
One of the joys of working from home, aside from the casual attire, is the time during tax season when you get to claim your home office. Being able to deduct your workspace...