Beginning with tax year 2013, the IRS is offering a Simplified Method for deducting expenses related to business use of your home. This is a welcome change since this deduction has confused so many taxpayers. Most of us don’t know whether our home office qualifies, or, if it does, how to take the deduction. What Qualifies as a Home Office? ThereContinue reading “New Home Office Deduction for the Self-Employed”
