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Home Office Deductions: Is the Tax Advantage Worth It?

Is the Tax Advantage Worth It?

  • 8 October 2013
  • Author: ellice909
  • Number of views: 2372
  • 0 Comments
Home Office Deductions: Is the Tax Advantage Worth It?

 The IRS is now using a simplified, common-sense approach to calculating home office deductions called the ‘safe harbor method.’ While the new optional deduction will reduce time and paperwork, it may not be right for everyone. Here, we take a look at the new option as well as an often-overlooked alternative that could save you even more money.

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