Bradford Tax Institute

Blog

  • Home
    • About the Publisher
    • About the Site
  • Resources
    • Archives
    • Free Newsletter
    • New Articles
    • Webinars
    • Tax Courses
  • Contact
  • Search

How to increase your home office deduction

July 10, 2016

If you have a home office, be careful!

IRS Form 8829 gives you the impression that you should only use the gross-square-footage method for computing your home office deduction.

Not true!

We’ll show you a way to compute your deduction that’s always superior to the gross-square-footage method.

Want to find out how you can legally wind up with more money in your pocket?

Read my new article titled Tax-Saving Tip: Use Net Square Footage to Increase Home-Office Deductions.

Three ways our fact-filled article can help you:

  1. You’ll learn what’s wrong with IRS form 8829. The form only shows the gross-square-footage method. But this conflicts with the IRS’s instructions in its own publications! Page two of the instructions tells you that “you can use any square feet or other reasonable method if it accurately figures your business percentage. We’ll explain all the reasonable methods you can use when you read the full article.
  2. We’ll tell you why the “net-square-footage” method is best. Defense contractors use it. Government contractors use it. Educational institutions use it. And you can use it too! We’ll tell you how to put this money-saving method to work when you read the full article.
  3. We’ll provide a real-life example of how the “net-square-footage” method works. It’s easy to calculate your deduction using this alternative method. The punch line? We’ll show you how a hypothetical homeowner increased his deduction by a full 30%! All will be explained when you read the full article.

Filed Under: Depreciation, Filing tips, Home Office, Records, Tax Planning

Test It Out

If you are not yet a subscriber, CLICK HERE. You’ll get a no-obligation 7-day FREE trial during which you can read, not only the article above, but all of our helpful tax-saving tips. This trial is absolutely free, you don't need a credit card, and there are no strings attached. That’s a personal promise.

Free Ezine

Email:

Are you a tax professional (CPA, EA, tax lawyer, tax preparer)?
   

For Tax Professionals

Learn how the Bradford Tax Institute can help you as a tax professional help your one-owner clients pocket more after-tax money and become raving fans.

Learn More »

For One-Owner Businesses

If you or you and your spouse own the business and you are looking for tax benefits, learn how we can help you keep more of hard-earned money and give less to the IRS.

Learn More »

Articles by Category

Bradford Tax Institute Blog

Operations

1050 Northgate Drive, Suite 351
San Rafael, CA 94903
E-Mail: contactus@bradfordtaxinstitute.com
Telephone: (415) 446-4340
Fax: (415) 446-0127

Editorial

1701 Pennsylvania Avenue, N.W., Suite 300
Washington, DC 20006
E-Mail: contactus@bradfordtaxinstitute.com
Telephone (202) 652-2293
Fax (202) 580-6559

Copyright © 2015 BradfordTaxInstitute.com