How To Boost Your Home Office Deduction

July 31, 2011 by  | Leave a Comment Filed under: Taxes 

If you claim a home office deduction on your tax return, you’re familiar with the 8829 form–they ask you for the square footage of your home and then they ask for the square footage of your office. Let’s say that your home is 2,000 square feet and your home office is 100 square (read on...)



How to Ensure That Your Tax Data is Filed Properly by a Tax Return Preparer

September 8, 2010 by  | Leave a Comment Filed under: Taxes 

From accountants to tax preparers you will find many searching for one. You could get confused as to who to engage to do up your tax and ensure its accuracy. Firstly, hiring the right professional will make your job easy as well as protect your financial data. You could actually ask your (read on...)

Tax Deductions You Can Claim For Your Home Office

August 28, 2010 by  | Leave a Comment Filed under: Taxes 

Many working adults now have the option to telecommute, or work from home. This may require setting up their own home offices. Around tax time, you may consider adding many of these home office expenses to your taxes as deductions. There are things to take into consideration when looking at what (read on...)

Tax Tip – Home Office Deduction

April 1, 2010 by  | Leave a Comment Filed under: Taxes 

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. The home office deduction is available for homeowners and renters, and applies to all (read on...)

Can I Take a Business Tax Deduction For My Home Office?

April 1, 2010 by  | Leave a Comment Filed under: Taxes 

My clients here in Las Vegas often ask me about taking a deduction for their home office. This can be a good deduction for small businesses, but one has to weight whether the deduction is worth the IRS taking a close look at the eligibility of your home office. Small businesses should refer to (read on...)

Does Your Home Office Qualify As a Tax Deduction?

April 1, 2010 by  | Leave a Comment Filed under: Taxes 

Running a home office is never an easy task, and many people are happy to find out that they can use their home office as a tax deduction. Often times, however, they are unsure of what requirements must be met in order to do this. This article will explain if and how your home office qualifies (read on...)

How to Drastically Save on Taxes Using the Home Office Deduction

April 1, 2010 by  | Leave a Comment Filed under: Taxes 

Do you work from home, full or even part-time? Did you know you may be able to use part of your utilities, rent, insurance, home mortgage interest, and more to save money on your income tax return? Today over 50% of small businesses are home-based, and may qualify for a significant tax advantage. (read on...)

Take Advantage of Home Business Tax Advantages

December 8, 2009 by  | Leave a Comment Filed under: Taxes 

Nothing beats having a home based business to call your own that you can rely on to pay all the bills and let you have the freedom to say goodbye to the nine to five grind. What many do not consider however is that because you will be working for yourself you will be responsible for paying your (read on...)

Tax Tips For the Self Employed Working at Home

July 19, 2009 by  | Leave a Comment Filed under: Taxes 

Those who are working in regular offices usually do not have to worry about filing their taxes. More often that not, their employers take care of all taxing concerns for them. For freelancers, taxation is usually a problem because they have to do all the work themselves. Determining which is (read on...)

The Economic Stimulus Act – How it Affects You

June 28, 2009 by  | Leave a Comment Filed under: Taxes 

It is said that the Economic Stimulus Act has something for everyone. But do you know how it affects you as a taxpaying individual? Here are the things you should know: * More tax credit You can get an additional tax credit of your 6.2% of your income up to $400 for individuals. Married people, (read on...)

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