What You Need to Know about the Home Office Deduction

If you use a portion of your home for business purposes you may be able to take a home office deduction. As I have been trying to tell our clients; the home office deduction taken correctly does not run up a red flag as so many accountants and urban myths would indicate. I have recently recorded a DVD on the home-office deduction, and which expenses I would recommend that you deduct. The DVD will be posted on our website when all of the editing has been done. You can check at www.tradersaccounting.com under the product tab to see if it is ready. It should be ready the third week in March.

To view the remainder of the message from the IRS on home office deductions click here. Regards and good trading. jc