Maximizing the Office in Home Deduction: Eligibility, Actual vs. Simplified Method, Recapture, Recent Cases
Recording of a 110-minute CPE webinar with Q&A
This course will provide a comprehensive overview of the office in the home deduction. Our panel of individual income tax veterans will discuss the methods available, including deducting actual expenses and the simplified method, unusual office in home scenarios, and recent challenges to this valuable deduction.
- Home office deduction: an overview
- What constitutes an office?
- Actual expenses
- Square footage methods
- Recent cases
- Best practices
The panel will review these and other key issues:
- What is considered a dwelling eligible for the home office deduction?
- When is a taxpayer eligible to deduct home office expenses?
- When could deducting actual expenses be more beneficial for a taxpayer?
- What specific expenses are eligible and not eligible for the home office deduction?
- How have the courts responded in recent home office deduction cases?
Cedar Point Accounting
Mr. Coppinger has been advising clients in the areas of tax information reporting and IRS practice and procedure for... | Read More
Mr. Coppinger has been advising clients in the areas of tax information reporting and IRS practice and procedure for more than 24 years. He provides tax consulting and audit representation related services to the firm's asset management, private equity, and hedge fund clients. His practice focuses on domestic and nonresident alien tax information reporting and withholding obligations, the Foreign Account Tax Compliance Act, The Common Reporting Standard and withholding foreign partnerships. Mr. Coppinger has served on the IRS Relations Committee of the New York State Society of CPAs and the IRS’ Information Reporting Program Advisory Committee where he sat on the International Reporting and Withholding subcommittee.Close
Jason Watson, CPA
Mr. Watson advises small business owners in creating a map for the future. His focus is on S corporations,... | Read More
Mr. Watson advises small business owners in creating a map for the future. His focus is on S corporations, self-employment taxes, health insurance issues and retirement planning. He is a published author on tax issues for S corporations and LLCs, Taxpayer’s Comprehensive Guide to LLCs and S Corps.Close