Company pushes home improvement tax credit
Standard Industries CEOs David Winter and David Millstone discuss proposing a 30 percent tax credit for home improvement projects, contributing to middle-class families during the coronavirus economy.
For the self-employed, home offices can be written off on taxes for a sizable deduction. However, the task comes with a set of stringent conditions after the tax law changed in 2017.
Continue Reading Below
Here is what you need to know to obtain a home office deduction, according to tax experts.
IS YOUR HOME OFFICE DEDUCTION A RED FLAG?
Home Office Deduction Conditions