Home Office Deductions

For those of you who are business owners and work from home, you may be able to claim a deduction on your taxes each year. Be sure to check with the IRS concerning this matter.

This article discusses a new tax change entrepreneurs might be interested in.

Most authors have a home office space for writing–or at least a little area for a table and computer. The IRS allows for home-office deductions for small businesses, and I have learned that this year there’s a new way to do your at-home business deductions. An article in the December issue of The Costco Connection highlights this new deduction method. Click here to learn more.

Kelly and Nancy

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