Self Employment Success Sedona AZ

Here are a few tax tips to make your work-at-home dream come true.

H&R Block
(928) 282-4970
164 COFFEE POT drSTE 164-A
SEDONA, AZ

Data Provided by:
Benjamin Reeves
(602) 382-6506
400 E Van Buren
Phoenix, AZ
Specialties
Employee Benefits, Tax, Litigation
Education
U OF VA
State Licensing
Arizona

Larry R Adamson
3430 E SUNRISE DR STE 200
TUCSON, AZ
Specialties
Estate Planning, Probate, Tax
Education
New York University,University of Arizona,University of San Francisco
State Licensing
Arizona

Mary L Harriss
(602) 280-1000
3200 N Central Ave Ste 1600
Phoenix, AZ
Specialties
Tax
Education
University of Arizona College of Law,Wayne State University College of Law in Michigan.,University o
State Licensing
Arizona, Michigan

Mark V. Scheehle
(602) 705-3020
7917 East Crooked Creek Trail
Prescott Valley, AZ
Specialties
Appeals, Tax, Business, Probate
Education
Texas Tech University
State Licensing
Arizona, Texas

Ronald G Wilson
(888) 222-1328
3300 N Central Ave Suite 900
Phoenix, AZ
Specialties
Estate Planning, Partnership, Business, Elder Law, Guardianship, Power Of Attorney, Tax, Probate, LLC, Trusts, Prenuptials, Wills
Education
Emporia State University,Washburn University
State Licensing
Arizona

Otto S Shill III
40 N CENTER ST STE 200
MESA, AZ
Specialties
Tax, Employment, Estate Planning, Employee Benefits, Business
Education
J. Rueben Clark Law School,Boston University,Brigham Young University,Mesa Community College
State Licensing
Arizona, Texas

J Barry Shelley
(602) 916-5360
3003 N CENTRAL AVE STE 2600
PHOENIX, AZ
Specialties
Business, Financial Markets And Services, Tax, Corporate
Education
Arizona State University,Arizona State University,Arizona State University
State Licensing
Arizona

Bradley S Braun
(480) 951-8044
14811 N KIERLAND BLVD STE 500
SCOTTSDALE, AZ
Specialties
Estate Planning, Probate, Tax, Business
Education
DePaul University,Northwestern University
State Licensing
Arizona

Steven A. Bloom
(480) 656-5748
14850 N Scottsdale Road, Suite 265
Scottsdale, AZ
Specialties
Tax, Probate
Education
Case Western Reserve Universit
State Licensing
Arizona, Texas

Data Provided by:

Self Employment Success

Provided by:

It's the modern American dream, isn't it? You wake up at 9 a.m. You make yourself a homemade cup of joe. You stay in your pajamas. And you get paid too. But the IRS has a few caveats to making the work-at-home dream, well, work. Here are a few tax tips so you can stay ahead on your taxes:

Deducting Expenses for a Home Office

In 1999, the rules for deducting expenses associated with a home office were loosened significantly, allowing many people who were previously denied the deduction to begin claiming it. If you're self-employed and use a portion of your home regularly and exclusively for the record keeping and management functions of your business, and you have no other location where you regularly perform such functions, you may qualify for a home-office deduction.

The rules are trickier for employees who work at home. Keep in mind that the use of a home office by an employee must be required by the employer, not merely permitted by the employer.


Don't Get Comfortable in Your Office Furniture

Here's another caveat: if you want to write off your new home office desk chair, don't even think about sitting in it after business hours. You can deduct the cost of your office furniture only if it is used for business 100 percent of the time. Ordinarily you would depreciate that cost over several years, but the section 179 expense deduction allows you to deduct the entire cost in the year of purchase if you qualify.

No matter how you figure it, a home office is definitely a complex deduction - there are a lot of regulations that surround it. We recommend you seek advice from your tax professional if you're planning to take this one....


Click here to read the rest of the article at YoungMoney.com.