Self Employment Success Chowchilla CA

Here are a few tax tips to make your work-at-home dream come true.

Cyril Leonard Lawrence
(209) 383-6854
2111 K St
Merced, CA
Specialties
Tax
Education
Golden Gate Univ SOL,California St Univ Long Beach
State Licensing
California

H&R Block
(559) 665-1011
236 W ROBERTSON blvd
CHOWCHILLA, CA

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Cyril Leonard Lawrence
(209) 383-6854
2111 K St
Merced, CA
Specialties
Tax
Education
Golden Gate Univ SOL,California St Univ Long Beach
State Licensing
California

Phillip E. Gibbons
(916) 783-3033
2330 Professional Dr #200
Roseville, CA
Specialties
Tax, Estate Planning
Education
McGeorge SOL Univ of the Pacific,California St Univ Sacramento
State Licensing
California

Thomas Franklin Olson
(510) 558-6939
P O Box 937
Berkeley, CA
Specialties
Tax, Business, Estate Planning, Real Estate
Education
UC Berkeley SOL Boalt Hall,Univ of Iowa
State Licensing
California

Kevin Francis Kelley
(209) 385-0700
2844 Park Ave
Merced, CA
Specialties
Tax, Real Estate
Education
U of San Francisco SOL,University of the Pacific
State Licensing
California

H&R Block
(209) 383-6777
12 W MAIN ST
MERCED, CA

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Victor J Yoo
(310) 788-9820
2029 Century Park E Ste 2100
Los Angeles, CA
Specialties
Tax
Education
Southwestern Univ SOL,Univ of British Columbia
State Licensing
California

Frederick Heid Thomas
(213) 593-3741
350 S Grand Ave
Los Angeles, CA
Specialties
Tax
Education
Loyola Law School,Loyola Marymount Univ
State Licensing
California

Julie Ruschin Piedra
(408) 295-0603
1266 Lincoln Ave #101
San Jose, CA
Specialties
Tax, Estate Planning
Education
UC Hastings COL,Univ of California San Diego
State Licensing
California

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Self Employment Success

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It's the modern American dream, isn't it? You wake up at 9 a.m. You make yourself a homemade cup of joe. You stay in your pajamas. And you get paid too. But the IRS has a few caveats to making the work-at-home dream, well, work. Here are a few tax tips so you can stay ahead on your taxes:

Deducting Expenses for a Home Office

In 1999, the rules for deducting expenses associated with a home office were loosened significantly, allowing many people who were previously denied the deduction to begin claiming it. If you're self-employed and use a portion of your home regularly and exclusively for the record keeping and management functions of your business, and you have no other location where you regularly perform such functions, you may qualify for a home-office deduction.

The rules are trickier for employees who work at home. Keep in mind that the use of a home office by an employee must be required by the employer, not merely permitted by the employer.


Don't Get Comfortable in Your Office Furniture

Here's another caveat: if you want to write off your new home office desk chair, don't even think about sitting in it after business hours. You can deduct the cost of your office furniture only if it is used for business 100 percent of the time. Ordinarily you would depreciate that cost over several years, but the section 179 expense deduction allows you to deduct the entire cost in the year of purchase if you qualify.

No matter how you figure it, a home office is definitely a complex deduction - there are a lot of regulations that surround it. We recommend you seek advice from your tax professional if you're planning to take this one....


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