Are you eligible for the home office deduction? This guide clarifies the strict IRS rules for self-employed individuals, freelancers, and small business owners.

Over the last five years, the number of Americans working from home full time has gone from boom to bust. Unfortunately, full ...

Form 8829 is used to claim the home office deduction by calculating the business-related portion of home expenses. Self-employed individuals and freelancers can deduct costs such as rent, utilities ...

Many Americans may think that because they work from home, they can take tax deductions for a portion of their rent, utilities and more. Not so fast. Not everyone qualifies to do that. Wage employees ...