Your home office can provide you with a valuable tax deduction if you comply with all the IRS’s rules and regulations.
However, if you work at your company office as well as at home, you could be putting your home-office deduction at risk.
How can you work at both locations and still protect your home-office deduction?
Easy! All you have to do is take advantage of the “administrative and management activities” safe-harbor rule. We’ll explain how to put this risk-reduction rule to work for you when you read my new article titled Tax Tips: Do the Right Kind of Work at Your Home Office.
Three ways our fact-filled article can help you:
- We’ll explain this extremely useful safe-harbor rule. To find shelter in the safe harbor, you have to perform substantially all of your administrative and management activities in your home office. You’ll get all the details when you read the full article.
- We’ll list the four requirements the IRS says you have to meet. This is vitally important information! If you want to protect your home-office deduction, don’t miss this chance to read the full article.
- We’ll cite six examples of IRS-approved administrative and management activities. Perform these activities at your home office and you’ll keep Uncle Sam on happy. All will be explained when you read the full article.