

Introducing the Home-Office Standard Deduction
Deducting expenses for your home office just got a lot simpler with the new standard deduction The home-office deduction can be one of the most valuable deductions for self-employed taxpayers. But according to the National Association for the Self-Employed, only 42% of the organization’s members actually claim the home-office deduction. The primary reason NASE members cite for forgoing the home-office deduction: complexity. Form 8829, the home-office deduction form, requires