How to Claim a Big Home Office Tax Deduction
By claiming a big home office tax deduction you could cut your tax bill by thousands of dollars every year.
This unique new guide will show you how to qualify and how to claim the biggest deduction possible.
How to Claim a Big Home Office Tax Deduction is essential reading for:
- All small business owners (home-based and non home based.
- All real estate investors.
"Take a look at Tax Cafe's website for tax-saving tips."
What Information is Contained in the Guide?
How to Claim a Big Home Office Tax Deduction is completely up-to-date and contains dozens of useful examples and tax planning tips.
The guide covers the following:
- Calculate exactly how much tax you are likely to save.
- Real-life Case studies showing tax deductions of $4,000.
- How to convince the IRS you are in business and not a hobbyist.
- Why you can have a big home office and claim a big tax deduction
- How to qualify for the home office tax deduction even if you don’t spend much time in it.
- How to calculate the maximum % of your home that qualifies.
- A comprehensive list of ALL the expenses you can deduct.
- A guide to audit proofing your home office deduction.
- Why the IRS will not come knocking on your door to inspect your home office.
- The increased benefits of using a separate structure on your property as your office.
- The home office deduction rules for employees.
- How claiming the home office tax deduction will not have much impact on the tax you pay when you sell your home.
- Why it pays to include mortgage interest and property taxes in your home office deduction instead of on your Schedule A.
- Home business expenses you can claim even if you don’t qualify for the home office deduction.
- The depreciation deduction – find out how much this is worth and how to calculate it.
- How to deduct the cost of travelling from your home to... plus the garage space.
- A guide to completing IRS Form 8829 Expenses for Business Use of Your Home and other IRS reporting requirements.
- Why the home office tax deduction is not just available to business owners.
- Why you can claim more than one room as a home office or several parts of your home.
- Grocery expenses you can deduct.
Read the first few pages of the home office tax deduction guide
About the Author
The author is Nick Braun PhD, Taxcafe's founder and CEO. Nick has been involved in the tax publishing world since 1989 as a writer, editor and publisher and holds a PhD in economics. He is also columnist for several real estate investment magazines and a very active real estate investor and developer.
How Much Does it Cost?
- Electronic Book (delivered immediately via e-mail) - $19.95
- Printed Book (dispatched immediately by first class mail) - $24.95
* If you purchase the printed book you will have the option at checkout of receiving a free electronic copy to read immediately.
Plus!
- You will also receive a complimentary electronic copy of our comprehensive tax guide 'How to Save Tax 2007' - worth $19.95.
- We use Worldpay's renowned secure payment server to process payments.
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