Tax
Mar. 26, 2013
Lawyers beware home office deductions
Lawyers are certainly part of the work-from-home trend. Many are going virtual and doing just about everything from home. Does that mean they can deduct home expenses from their taxes?
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
You may work at home sometimes, but should you claim a home office tax deduction? People have worried for decades that home office deductions flag their tax returns for audit. Yet more than half of working Americans work for small businesses. Many work at home, some even exclusively.
Lawyers are certainly part of this trend. With improved technology, some lawyers are going virtual and doing just about everything - including some court ...
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