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

Ever notice in those reality shows, like "House Hunters," focused on residential real estate and home renovations, that everyone wants a home office? There's a good reason for that. That extra home ...

Question: I just started a consulting business using a room in my house. I am operating as a sole proprietorship. Accordingly, I will be filing Form 1040 with a Schedule C to report my business income ...

Every tax season, millions of Americans hunt for every legitimate break they can find. That's perfectly reasonable - and ...