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Deducting your home office – webinar Wednesday

Becky McCray in her home office.
Just using an area in your home as an office isn’t enough to qualify to deduct it. Find out more from the IRS.

 

Rural business owners commonly use part of their home in their business. This can include using an extra bedroom as a home office, an specific area of one room for product crafting such as sewing, an exterior building like a shed or garage for production or research, or a specific section of your lot or grounds for storage. The IRS allows US business owners to deduct some certain business usage of their homes with some very specific qualification criteria. A webinar this Wednesday will help answer some of the most common and technical issues for claiming a deduction for business use of the home.

Presented by the Internal Revenue Service

Topic: Business Use of Your Home

Date:  Wednesday, September 10, 2014

Time:  11:00 a.m. (Pacific); Noon (Mountain); 1:00 p.m. (Central); 2:00 p.m. (Eastern)

Highlights of What’s Covered:

  • Simplified and Regular Option for claiming the home office deduction
  • Requirements for qualifying to deduct expenses
  • Types of expenses you can deduct and how to figure the deduction
  • …and more
  • Plus a live Q&A session

Information & Registration:

Click on the following link to register:

http://www.visualwebcaster.com/event.asp?id=100134

 

  • About the Author
  • Latest by this Author

Glenna Mae Hendricks. She is an entrepreneur and income tax consultant, so we get lots of good tax tips from her. She is an oenophile (“look that up in your Funk and Wagnall’s,” she says), and a wine enjoyment teacher/guide who also writes wine notes at the Allen’s Retail Liquors site. Her political thoughts (and occasional outbursts of domesticity) appear at Old Feminist and Wild-eyed Liberal.

Published: September 8, 2014

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