Tag Archives: Home Office Deduction
Self-Employment Deductions Under the New Tax Law
The new Tax Cuts and Jobs Act, which went into effect on Jan. 1, has sent an unambiguous message that the current GOP-dominated Congress and Presidential Administration are decidedly pro-business. Fortunately, they included provisions in the new legislation that enhance … Continue reading
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Also tagged business owner, Home Office, new tax law, self-employed, sole proprietor, Tax Cuts and Jobs Act, tax law
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Should You File For A Home Office Deduction?
It’s not necessarily the Audit Red Flag it used to be.
Many employees and small businesses owners qualify for a home office deduction (HOD), but avoid claiming it for fear of being audited. Is filing for an HOD like painting … Continue reading
Posted in News & Articles
Also tagged accounting, cpa, hod, long island, small business
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