At Measured Growth CPA, we work primarily with clients that have online or virtual businesses. This means that many of them may not have a physical office outside their own homes. And with Covid19 changing the world, this may be the case for more and more businesses.

If this is the case for you, you will be able to save some tax by deducting a reasonable portion of your home office expenses. Here are 9 common home office expenses that you should consider when filling your taxes:

  • Mortgage Interest
  • Rent
  • Home insurance
  • Utilities
  • Repairs and Maintenance
  • Security
  • Home Internet
  • Home Telephone
  • Cell phone

– Daniel Breez