Self Employment Success Merced CA

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

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) 383-3711
1950 YOSEMITE PKWY
MERCED, CA

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H&R Block
(209) 358-1261
1124 COMMERCE
ATWATER, CA

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Lisa Annette Roquemore
(949) 223-9601
19900 MACARTHUR BLVD STE 1150
IRVINE, CA
Specialties
Business, Tax, Bankruptcy
Education
San Diego State University,California Western School of Law
State Licensing
California

John R Messenger
(415) 543-8700
101 2nd St Ste 1800
San Francisco, CA
Specialties
Tax, Appeals
Education
University of Idaho,University of Idaho
State Licensing
California, Washington

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

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

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Christopher Francesco Brown
(415) 788-6666
101 Montgomery St 22nd Fl
San Francisco, CA
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Tax, Business
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U of San Francisco SOL,Washington Univ
State Licensing
California

Steve Robert Ray
(650) 321-2400
1200 Seaport Blvd.
Redwood City, CA
Specialties
Tax, Venture Capital
Education
University of Southern California Law School,University of Southern California,University of Souther
State Licensing
California

Joanna Maria Gesikowski
(858) 750-7318
4747 Executive Dr Ste 600
San Diego, CA
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Tax
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Univ of San Diego SOL,Univ of 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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