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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Steven David Rubin
(310) 453-7812
1912 Broadway Ste 105
Santa Monica, CA
Specialties
Tax, Business, Estate Planning
Education
Pepperdine Univ SOL,Univ of California Irvine
State Licensing
California

Douglas Buell Schreier
(213) 688-1826
350 S Grand Ave
Los Angeles, CA
Specialties
Tax
Education
UC Berkeley SOL Boalt Hall,Univ of Southern Calif
State Licensing
California

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
(209) 383-6777
12 W MAIN ST
MERCED, CA

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Ronda N Edgar
Po Box 110174
Campbell, CA
Specialties
Tax
Education
Santa Clara Univ SOL,Midwestern St Univ
State Licensing
California

Erin Louise Prouty
10880 WILSHIRE BLVD STE 2200
LOS ANGELES, CA
Specialties
Tax
Education
University of California, Hastings College of the Law,Golden Gate University
State Licensing
California

Patrick Spillane Klein
(213) 621-6564
333 S GRAND AVE STE 2600
LOS ANGELES, CA
Specialties
Tax, Mergers & Acquisitions
Education
University of California at Los Angeles School of Law,Stanford University
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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