Home Office Tax Deductions to the Entrepreneurs

Do you know that if you have a Home office than many of your Home expenses are Tax deductible? Yes, if you run your Business from your home office than there are many Home expenses which are tax deductible. You can show these expenses as a Business expenses and enjoy a tax break.

Here are the eligible expenses for tax deduction if you run a Home office -

- Electricity bill

- Home Insurance

- Gas bill

- Telephone Bill

- Maintenance Bills

- Travel expenses

- and many more…

Say for Example, if you are a blogger and operate your office from your home than all of the above expenses are your business expenses and tax deductible. Because Blogging is considered as an Internet Business. Not only this but the above expenses are tax deductible for any business home office.