Client FortuneBuilders featured on FOX News.
A more mobile workforce means more people than ever are working from home. In addition to saving cash on the commute, there is also money to be found in deducting your home office expenses when you file your taxes.
“Far too many entrepreneurs fail to capitalize on the home office deduction for fear of an impending audit, even though they’re legally entitled to it,” says Than Merrill, CEO of FortuneBuilders. The fear stems from a lack of understanding, especially when it comes to allocating household expenses proportionately. Still, the payoff can be substantial—in the thousands of dollars.
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