Writing Off Your Home Office? You need to read this…

Share on facebook
Share on google
Share on twitter
Share on linkedin

Do you understand IRS Section 1250 rules?

It’s easy to get confused about tax laws and how to manage home depreciation, unrecaptured gains, etc.Let’s face it…working from home can be a great option. No question about it. However, there are potential landmines to avoid, one of them being depreciation of home office space. The IRS rules can be confusing and require time and energy on your part to understand. Will claiming a home office trigger an audit? Will selling your home require additional paperwork? Are you keeping the right records? Is the potential money saved worth the headache of worrying about an audit? These are questions you need to understand and seek help from a professional tax preparer if unsure.If you, like most home office based professionals in the Wake Forest, NC area, are a bit unsure about the potential tax implications, consider switching to an executive office or virtual office space. In addition to relieving yourself of the tax worries, an executive office space offers the following advantages to working from home:
  • Increased professional image
  • Conference room space for client meetings, video conferences, etc.
  • Mail storage so your private life is not co-mingled with business affairs
  • Potential to expand your business with large office spaces
Taygra Wake Forest Office Rental can help. We have executive offices for monthly and yearly lease as well as day office space and virtual office space which including mail only options. For more information call (919) 588-2474 or visit us as at https://wakeforestofficerental.comReference: https://www.bankrate.com/finance/money-guides/home-office-can-have-hidden-tax-costs-1.aspx

Are you tired of working from home?

Are you lonely?  Miss interactions at the water cooler? These are all normal issues and potential problems with working from home.  Yes,

The Pros and Cons of Virtual Offices

In the always-online world that our generation has built, it’s not a surprise that many fledgling businesses are choosing virtual offices over

Wake Forest Office Rental By Taygra Offices For Rent in Wake Forest NC

We specialize in upscale office rental in Wake Forest, NC. We offer private offices for lease conference rooms rental and virtual offices/mailboxes for businesses.

Two Locations

Copyright © 2019 Taygra, LLC | Privacy Policy

Facilities Are Top Notch

Great Wake Forest location! Taygra Office Suites has been a positive experience since becoming a tenant over a year ago. Jennifer Ray is always happy to fulfill any reasonable request and is quick to address, and completely resolve issues that creep up. The environment is extremely professional, and the facilities are top notch! I enthusiastically recommend Taygra Office Suites.

Kenn Yarina
Amerity Financial