The IRS says it is making it easier this year to file the home-office deduction. Instead of filling out the long and complicated form 8829 as in the past, taxpayers can now take a standard deduction, ...

Form 8829 is used to claim the home office deduction by calculating the business-related portion of home expenses. Self-employed individuals and freelancers can deduct costs such as rent, utilities ...

When filing your taxes as a small business, one important and time-consuming area is gathering and recording tax deductions related to the company. Deductions range from standard business expenses, ...

Taxpayers tend to shy away from taking the home office deduction, assuming that they will be targeted for increased scrutiny from the IRS. That is certainly possible, especially if your deductions are ...

Taxpayers tend to shy away from taking the home office deduction, assuming that they will be targeted for increased scrutiny from the IRS. That is certainly possible, especially if your deductions are ...

One of the most popular deductions taken by self-employed taxpayers is the home office deduction. In fact, according to the latest data from the IRS, nearly 3.4 million taxpayers claimed the deduction ...