PLACE OF BUSINESS DEDUCTION
MANY OF THE FEATURES IN AN OFFICE BUILDING SUCH AS THE BUILDING ITSELF, THE BREAK ROOM OR KITCHEN, THE WAITING AREA, AND THE BATHROOM LOOK VERY SIMILAR TO SOME OF THE SPACES WITHIN YOUR OWN HOME. READ DOWN BELOW TO SEE HOW THIS FACT MAY ALLOW YOU TO SAVE THOUSANDS OF DOLLARS BY USING YOUR HOME AS YOUR PLACE OF BUSINESS.
HOME BASED BUSINESS
THE WORKPLACE
THE BREAK ROOM
THE WAITING ROOM
THE RESTROOM
PARKING
OUTDOORS
OFFICE BASED BUSINESS
THE WORKPLACE
THE BREAK ROOM
THE WAITING ROOM
THE RESTROOM
PARKING
OUTDOORS
HOW IT WORKS
FOR PEOPLE WHO CONDUCT BUSINESS OUT OF THEIR HOMES, THE HOME SERVES AS THE OFFICE AND PLACE OF BUSINESS. AS A RESULT, A SIGNIFICANT PART OF THE COSTS AND EXPENSES OF MAINTAINING THE HOME CAN BE DEDUCTED LIKE THEY WOULD FOR AN OFFICE BUILDING.
WHAT WE WILL TEACH YOU
EDUCATION AS A BUSINESS WILL SHOW YOU HOW YOUR HOME CAN QUALIFY AS YOUR PLACE OF BUSINESS. THIS ALSO INCLUDES HELPFUL CALCULATORS AND TUTORIALS THAT WILL SHOW YOU EXACTLY HOW MUCH OF YOUR HOME’S EXPENSES YOU WILL BE ABLE TO DEDUCT WHILE BEING IN COMPLIANCE WITH PREVIOUS IRS RECOMMENDATIONS.
