as a result of the pandemic, what pitfalls should one look for in deducting "home office costs" (not picked up by your business) from you personal income tax.
Can some charge off a portion of their rent, utilities, internet, other utilities, etc (prorated of course since a portion would be for personal use) and just what type of records should one keep/created to justify the expense.
I presume most businesses are not covering all work at home expenses, just the computer and various software they may need.
Thoughts anyone?
Can some charge off a portion of their rent, utilities, internet, other utilities, etc (prorated of course since a portion would be for personal use) and just what type of records should one keep/created to justify the expense.
I presume most businesses are not covering all work at home expenses, just the computer and various software they may need.
Thoughts anyone?