356: OPEN FORUM SHOW - Answering Difficult Tax, Legal & Business Questions356:
Main Street Business
00:00
Can I Take a Home Office Deduction on My Business Tax Return?
Can i take a home office deduction on my business tax return? No, the home office deduction does not exist. What we want to do is call the home office reimbursement expense, which going to be written off as a lease expense in your escorp. We may run the numbers to see what it would look like if it was an actual home office and kind of come up with a figure that is not fairmarket value rent. Bcause idon't want to create rental income for you. I just want to create a reimbursement for you.
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