Tag: home office expenses

Latest Posts From Tag: home office expenses

Construction

Home Office Deductions: A Refresher on the Rules

The Internal Revenue Code (IRC) allows taxpayers to claim a business deduction for expenses arising from the qualified use of all or part of a residence, as long as certain conditions are met. This deduction can be a particularly attractive

May 20, 2025

COVID-19

If You Run A Business From Home, You Could Qualify For Home Office Deductions

During the COVID-19 pandemic, many people are working from home. If you’re self-employed and run your business from your home or perform certain functions there, you might be able to claim deductions for home office expenses against your business income.

May 20, 2025