Deducting a Home Office

By
Real Estate Agent with Atlanta Communities 286102

 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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