One of the great tax perks of a home

One of the great tax perks of a home office is being able to deduct travel to and from your home office. Sometimes travel to and from a home office is not deductible because it is considered commuting, but in certain circumstances,  MBT Habari Sandalsit can be a deductible business expense. If you use the standard mileage rate to calculate your business vehicle expense, deducting the travel to and from your home office, on top of the increase in standard mileage rates, can add up to big tax savings!

Here's how to make sure your travel to and from your home office is deductible so you can really take advantage of the increase in the standard mileage rates:

There are two requirements that must be met in order to deduct the travel to and from your home office.

First: Make sure your home office is used exclusively for business

The room or specific area in your home MBT Panda Sandals,that you use as your home office must be used exclusively for business. So, for example, your home office doesn't qualify if it is a room that your family also uses as a den or a guest room that is used by overnight visitors.

Second: Make sure your home office qualifies as your principal place of business

The key to being able to deduct travel between your home office and other business offices or locations is making your home office your principal place of business.

If your home office is your only office and you use it on a regular basis to conduct your business, then it is most likely your principal place of business.

But what if you have another office location in addition to your home office?

Your home office is considered to be your principal place of business if:

It is the only fixed location in which you perform administrative or management activities for your business.