This is part of the Home Office series.
Resources:
Why YOU Should Care:
If you are an employee of someone else and you use a part of your home for business, you may qualify for a deduction for its business use.
Continue reading “Home Office – Special Considerations: Employee Use”
This is part of the Home Office series.
Resources:
Why YOU Should Care:
If part of your home is used for inventory storage or product samples, you may be able to deduct expenses for the business use of your house without meeting the exclusive use test.
Continue reading “Home Office – Special Considerations: Inventory Storage”
This is part of the Home Office series.
Resources:
Why YOU Should Care:
Using part of your home for business may enable you to deduct certain expenses such as:
These expenses can be deducted to the extent your home is used as an office space. Generally, these deductions are based on the percentage of your home devoted to business use (called the “business percentage”).
