Can I Write Off Home Office Expenses in 2021?

Are you a business owner and work from home? Or maybe a freelancer? A contractor?👨‍💻🙋‍♀️🙋‍♂️

Here’s the video you’ve been waiting for to know how to file your home office deductions correctly this Tax Season, so you get the most out of it.🙌💸

You can qualify for home office deductions if you’re self-employed as long as you met certain tax law requirements.

Here are the basics. To qualify for home office deductions, you must use at least part or your home regularly and exclusively as
(1) your principal place of business or
(2) a place to meet or deal with customers, clients or patients in the normal course of your business.

Direct vs Indirect expenses 🤔

In this video, we go over the differences between these two, and we’ll show you a few examples that could help you identify accurately your next deductible expenses.

Share this video with someone you know that is living the #WFH lifestyle.💻👨‍💻

If you have any questions, please don’t hesitate to contact us!
📅Schedule a Tax Appointment today➡ bit.ly/Epitome15Min

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