2011年4月5日星期二

These activities include billing customers

 These activities include billing customers, clients or patients, keeping books and records, ordering MBT Baridi,supplies, setting up appointments, forwarding orders, writing reports and other such tasks, OR

You regularly use it to meet with customers, clients or patients in the normal course of your business. Caution: You must physically meet with customers, clients or patients at your home office. In addition, their use of your home    MBT Shoes Clearance,must be substantial and integral to the conduct of your business. Occasional meetings in your home do not qualify. Similarly, telephone calls to customers, clients or patients are not enough. The customers, clients or patients must be physically present in your home office.

It may seem a bit confusing. That's because these rules are very specific, not to mention regularly changing!

Many times, I find that getting your home office to qualify as your principal place of business is simply a matter of changing what you do at your home office. Here is a recent situation I had with a client on making her home office her principal place of business.

Before: Home Office Did Not Qualify as the Principal Place of Business

My client is a self-employed real estate agent who spends most of her time at her clients' homes and out in the field showing houses. She has an office that she rents from another real estate agent in addition to a home office. She performs administrative and management tasks for her business, such as phoning clients, setting appointments, ordering supplies, and keeping her books at her rented office space and then also takes this work home to finish it at her home office.

Her home office did not qualify as her principal place of business because she did not meet with clients there as part of her normal business operations (her meetings with clients were at their houses or the houses they were considering buying) and she had another fixed location (her rented MBT Baridi Shoes,office space) where she conducted substantial administrative and management activities for her business.

After: Home Office Does Qualify as the Principal Place of Business

After discussing her situation, I went through a few options with her that would make her home office deductible. We ended up with the one that best fit her business goals but still qualified her home office as her principal place of business. The solution was to move all of her administrative and managerial MBT Kisumu, tasks to her home office and only perform those tasks at her home office. She then used the rented office space as a place to meet with clients and for other business tasks.

The end result: a tax savings of $4,000 per year because she could claim the home office deduction and the travel to and from her home office.

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