3. Hidden Tax Break #2: The Home Office Deduction
You could be eligible for a tax break if you work from home. The IRS allows home office deductions for those who meet the criteria. In 2025, if you are self-employed or work remotely, you can deduct a portion of your home expenses—such as rent, utilities, and even your internet bill—based on the size of your office space. IRS home office deduction details.
Eligibility and Best Practices
Your private office must be used only for work and frequently to qualify. Remember that this break can make a huge difference, especially if you’ve recently exchanged to further work or begun a small business.
Hi there! I am Sudip Sengupta, the face behind “Tfin Career”. Tfin Career is a sole proprietorship finance and consulting firm that makes complex tax and financial concepts easy to understand for everyone. With more than 21 years of experience in the field, I have noticed that people cannot make the right decisions in this field. So, I decided to create “Tfin Career” to help individuals and businesses alike. Here I urge those who are confused to make better choices. Also, it is good news for my dear clients and every visitor that I/we are going to start a training module for those who want to choose a career path in Finance and Taxation. Just follow my website.
Thank you for reading this post, don't forget to subscribe!
