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Home Office Desk With Glasses And Laptop

Do you qualify for the home office deduction?

  • September 19, 2018
  • Tax

Under the Tax Cuts and Jobs Act, employees can no longer claim the home office deduction. If, however, you run a business from your home or are otherwise self-employed and use part of your home for business purposes, the home…

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Close-up on the new QBI deduction’s wage limit

  • September 3, 2018
  • Tax

The Tax Cuts and Jobs Act (TCJA) provides a valuable new tax break to noncorporate owners of pass-through entities: a deduction for a portion of qualified business income (QBI). The deduction generally applies to income from sole proprietorships, partnerships, S…

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