Do You Claim Your Home Office As A Tax Deduction?

HomeBizNotes.com
Web Worker Daily highlights the fact that many people may be able to claim a home office as a tax deduction, but don’t take advantage of it.
What might be the ultimate barrier for many home-based web workers, however, is the law’s requirement that, in order to deduct expenses for your home office, you use that part of the home exclusively as your principal place of business. Very few people use their home office only for work, even if it is their main place of business.
Even if you have a separate home office, you may also want to use this space …read more