deductions: Deducting a Home Office - 03/29/08 07:40 AM
 Do you qualify for a home-office deduction at tax time? According to an article published by Broker Agent News, the government has lightened up on the stringent stipulations and qualifying parameters that formerly steered home based business owners and employees away from filing for the deduction for fear of being audited.  As long as the deducted office expense does not cause your business to suffer a net loss, you could take this deduction fearlessly.  Take a look at the article by clicking on the link below and then check with the IRS to see if you qualify. 
http://www.brokeragentnews.com/news/residential/2008_3/3_28_2008_jb_1206752379.html
 
http://www.irs.gov/publications/p587/
 
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Jana Bryant, Rick Steiner & Associates, CDPE (Atlanta Communities)

Jana Bryant

Rick Steiner & Associates, CDPE

Woodstock, GA

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