How to claim home use office?

If you google home use office , you may find the form 8829. As long as you set aside a space in your home for business and use it regularly and exclusively , then you can deduct the home use … Read More

Business cell phone includes personal use?

You probably can’t run your business smoothly without the use of cell phone or tablets as mobile devices. It is clear that the monthly fees for the mobile devices is tax deductible if you use the phone exclusively for business … Read More

Tax free rental income

If you rent your house out, you are required to report the rental income in schedule E. Is there any exception? Yes! As long as you rent it out for less than 14 days in a year, you do not … Read More