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Why You Should Consider Using the Home-Based Office Deduction

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The home-based office deduction is no longer a red flag for the IRS and entrepreneurs should consider taking advantage of it, says accountant Mark Kohler. To qualify, your principle place of business needs to be located in an exclusive space in your home. 

Mark J. Kohler, a certified public accountant in Irvine, Calif., is a partner in the accounting firm Kohler & Eyre, and the law firm Kyler, Kohler, Ostermiller, & Sorensen LLP, specializing in business, estate and tax. He is the author of What Your CPA Isn't Telling You from Entrepreneur Press.

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