This was a good if a bit routine article on home office deductions since it’s time to be preparing your taxes.
The actual IRS publication in question is #587 “Business Use of Your Home (Including Daycare Providers)
The deductions need to be related to your business.
Please make sure they’re directly related to business like corporate board meetings in the Carribean and other big corporate perks. (Excuse the tongue in cheek, but I couldn’t resist.)
Really, make sure it’s for business and make sure you document it
Happy tax season!
Read more at Newsday
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