{"id":4701,"date":"2019-01-23T00:00:00","date_gmt":"2019-01-23T04:00:00","guid":{"rendered":"https:\/\/www.whitcomb.com\/taking-a-home-office-deduction\/"},"modified":"2022-02-07T12:33:18","modified_gmt":"2022-02-07T16:33:18","slug":"taking-a-home-office-deduction","status":"publish","type":"post","link":"https:\/\/www.whitcomb.com\/blog\/2019\/01\/23\/taking-a-home-office-deduction\/","title":{"rendered":"Taking a Home Office Deduction"},"content":{"rendered":"\n
A great tax reduction idea, if done right! Types of deductible expenses<\/strong>
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Cloud-based applications, extensive communication channels, and other new technologies make it easier to run your business out of your home. If you qualify, many home business expenses are deductible. Think you might qualify? You must first pass these tests.<\/p>\n\n\n\n
This chart from the IRS gives some direction on the types of expenses that are deductible. As always, proper substantiation is required to take the deduction, so keep all receipts and statements in an organized fashion.<\/p>\n\n\n\n