Why You Should Consider Using the Home-Based Office Deduction

VIP Contributor
Author, Attorney and CPA
min read
Opinions expressed by Entrepreneur contributors are their own.

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. 

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Starting, buying, or growing your small business shouldn’t be hard. Guidant Financial works to make financing easy for current and aspiring small business owners by providing custom funding solutions, financing education, and more.

Latest on Entrepreneur