Is a Home Office Deduction Right for You?

It may seem that if you work from home, then you should qualify for a home office deduction on your income taxes.

But hold on! The question of whether to take a home office deduction is a complicated one. The IRS has many requirements a taxpayer must meet before claiming a home office deduction. And complicating the issue even further is the important distinction the IRS makes regarding the home office deduction for telecommuting employees versus the self-employed...read more.

More Tax Resources:

• Self-Employment Tax FAQ
• 19 Self-Employment Deductions You Don't Want to Miss
• The Independent Contract's Tax Guide
• Getting a 1099 Corrected
• Organize Your Tax Returns
• Download IRS Publications