Office in the Home

A percentage of all utilities costs of your primary home may be deductible if you are self-employed and working out of your home. Things like lawn care, HOA fees, homeowner’s insurance, mortgage interest, real estate taxes, PMI insurance, trash removal and repairs can be part of office in the home deductions. You will be able to determine the portion of the living space of your home that is used for business and deduct that percentage as part of the business. This deduction is also available for childcare businesses as well. Give us a call for any questions you may have!!

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