Home Office Deduction: Why Mileage May Be Your Best Write-off

Home Office Deduction: Why Mileage May Be Your Best Write-off

Larry Gray CPA

4 года назад

639 Просмотров

If operating your business from home qualifies you for a home office deduction, the biggest saving could be your business mileage. You may need to leave your home office to purchase supplies, meet with clients, or attend conferences. These miles add up quickly so it's important to keep good records that could affect your pocketbook.

Larry Gray, being a CPA and small business owner for over forty years, and who has taken the home office deduction at times in his life understands the IRS qualifications very well. He wants to take his experience and knowledge and help you be comfortable with how you can best save the most money possible in your business.

To watch the entire Home Office Tax Deduction Series click here 👇👇👇 https://www.youtube.com/playlist?list=PLZCIgCmUXjKGmeNGppU7HMcZcYaoS4Fab

Soundtrack by epidemicsound.com


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AGC Solutions does not provide tax, legal or accounting advice. This content has been prepared for informational purposes only and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. Also, tax law is ever-changing and every effort should be made to seek out the most current information. Make sure to check date of published content to ensure most current information.

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#home_office_tax_deduction #home_office_deduction #tax_deductions #tax_deductions_for_self_employed #tax_deductions_for_small_business #business_taxes #home_office #small_business #schedule_c #business_deductions #tax_tips_for_small_business #tax_advice_for_small_business_owners #tax_advice_2020 #larry_gray #larry_gray_cpa #home_office_setup #how_to_claim_home_office_deduction #home_office_expense_deduction #small_business_tips #business_deductions_for_taxes #office_in_home
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Комментарии:

@edgarmartinez2710
@edgarmartinez2710 - 14.05.2023 05:10

@AGCSOLUTIONS - is the admin office and regular office mileage deduction still applicable in 2023? If so would a hair stylist be able to use that mileage deduction if they have a home office for admin work of paying bills and booking clients, but go see clients and cut hair at the salon?

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@TheSweettalk
@TheSweettalk - 11.05.2024 17:35

Wow to short and not enough information to brief lol

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