Russell Green
  • Home
  • New Business
  • Bookkeeping
  • Taxes
  • Part-time CFO
  • Not for Profit
  • About
  • Client Log-in
Select Page

Simplifying your home-office deduction

by RGcpa | Oct 11, 2018 | IRS Resources

People with home-based businesses can choose a simplified method for claiming the deduction for business use of a home.

Tax Time Guide: Many Home-Based Businesses Can Use Simplified Method for Claiming Home Office Deduction; Taxpayers May Deduct up to $1,500 a Year
IR-2016-47, March 23, 2016

Recent Posts

  • Tax Reform and What It Means for Your Business in 2020
  • Another Stimulus Rebate Payment Is Coming
  • 2020 Federal Tax update
  • PPP update
  • Unemployment benefits extended to self-employed under CARES Act
  • How will the Coronavirus Aid Relief and Economic Security (CARES) Act impact me?
  • IRS issues guidance on deferring tax payments due to COVID-19 Outbreak
  • Can I take the Section 199A deduction on my real estate activity?
  • New York State issues guidance on decoupling
  • Tax reform – impact on individual tax payers
  • Filing past due returns
  • Foreign bank accounts – when and how to disclose
  • Tax reform highlights for business
  • Simplifying your home-office deduction
  • Estimates – how much and when?