Claim the Home Office Tax Deduction for Your Home-Based Business

Did you start a home-based business in 2011? Confused about what home office costs you can deduct when you file your tax return for 2011?

The IRS home office deduction gives many small business owners a tax advantage allowing them to write-off certain home costs. However, it’s important to understand the rules of the road so that you don’t raise red flags with the tax authorities.

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