What is The Simplified Home Office Deduction?

Home Office tax deduction

If you happen to have a home office, you may be able to use it as a deduction when it comes to the cost of running your home business.

The problem with the home office deduction is it’s a complicated issue. Due to the fact it’s open to abuse, the IRS came down hard on people years ago.

But if you’re eligible, you should absolutely claim the deduction. It looks like a hassle, but it’s not as difficult as you might think to claim.… Read the rest