Subscribe for 50% off

Home Atone

What you really need to know.

This story appears in the December 1998 issue of

It was a battle well-fought and deservedly won. Starting inJanuary 1999, the coveted home office deduction in the TaxpayerRelief Act of 1997 will be reinstated for home office owners whoconduct much of their in the field and reserve theiroffices for administrative duties.

"This supports an entrepreneur's decision tobe closer to family or to cut down on office expenses by runninghis or her business from home," explains Rep. Jim Talent(R-MO), chair of the House Committee. "It'sa big step toward leveling the playing field for theseentrepreneurs."

Cyber Monday Subscription Sale - Unlock this subscriber exclusive article and more for 50% off.

Access all Entrepreneur content with no ads, unlock discounts, and get exclusive advice only available to our subscribers. Plus, our magazine delivered straight to your door.
Get 50% off an annual subscription today. Just use code SAVE50 at checkout.

Entrepreneur Editors' Picks