The pandemic changed the way many do business and work. More and more people and businesses realized that working from home was fiscally feasible. Many chose this option and have kept it. Some are now considering what tax options are available to them for a home office.
Jeff Badu of Badu Tax Services, LLC., offers business accounting services in Chicago, Illinois. The idea of a home office does come up frequently. There are certain rules that must be met to qualify for a home office.
“The biggest one is certain pass-through businesses are allowed the opportunity to claim business office deductions on their personal income taxes,” said Badu.aaaaa
The area of the home must be for work and work only. This means no hobbies or other activities are allowed in that area. However, it does not have to be an entire room.
“A home office can be a nice deduction provided you meet the necessary requirements. I strongly recommend to all of my clients who would like a home office to contact me. I want to be sure they understand all that a home office entails and requires,” said Badu, speaking of his accounting services in Chicago, IL.
Badu is a licensed CPA in Chicago, IL with deep understanding of small business tax liabilities, deductions and more. He helps his clients save thousands a year in tax breaks.
Badu Tax Services, LLC has worked exclusively in Chicago for many years. Jeff Badu, CPA, is certified in the state of Illinois and specializes in taxation for small and medium businesses. Learn more at his website. Visit www.badutaxservices.com for details.
Company Name: Badu Tax Services LLC
Contact Person: Jeff Badu
Email: Send Email
Address:4258 N Greenview Ave Ste 1E
State: Illinois 60613
Country: United States