Home Office Tax Deduction Video

The IRS has put out a whole series of helpful videos about different tax issues that are designed to help small New Jersey businesses (USA businesses).

This video goes over the all important and often discussed “Home Office Deduction”. This is such an important area to look into because if used correctly it can be a big savings on taxes. If used incorrectly it can be the basis for the IRS investigating (auditing) your tax return.

Have a look at the video – and they recommend IRS publication 587, business use of your home for more information which you should also have a look at.