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Can I take the home office deduction?

Can I take the home office deduction?

By Katharina Reekmans, EA for Intuit TurboTax The home office tax deduction allows qualified taxpayers to write off certain home expenses related to the business use of their home when they file their taxes. Qualifying for a home office deduction depends on things like whether you are a remote or self-employed worker, whether you use

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America's side hustle economy has a tax problem

America's side hustle economy has a tax problem

By Elliot Gajadhar for 1-800Accountant The typical annual revenue for an independent business is near $19,200 at the midpoint of 31 industries, closer to supplemental income than to a full salary, data from 1-800Accountant’s 1099 Earnings Report shows. That describes the situation for a lot of Americans: About 1 in 3 report having a side hustle, according

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