In this episode of the Jeff Trapp Podcast, Jeff discusses the commonly misunderstood aspects of the Home Office deduction and unlocks the myths surrounding this perplexing deduction. Understanding these deductions can save taxpayers significant money. Jeff also offers insights on legally maximizing your home office deduction and shares valuable tips for new and seasoned entrepreneurs working from home.
Jeff addresses many's hesitation with the Home Office deduction, often seen as a red flag by CPAs and tax preparers for increasing audit risks. He clarifies the risks and emphasizes the importance of not missing out on legitimate deductions.
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