REPs UK PTIA REPS NZ

“Safe Harbor” for Home Office Expenses

by: Mark E. Battersby

Making News

Tax season may have just ended, but that doesn’t mean preparation should take a vacation. Here’s news that every fitness professional who runs his or her business from a home office or uses a home office for management chores will be happy to learn: The Internal Revenue Service has announced that beginning with the 2013 tax year, a new “safe harbor” will allow qualified taxpayers to deduct as much as $1,500 in home office expenses—while reducing the administrative, recordkeeping and compliance burdens of claiming this deduction.

Member Only Article

Already a member? Log In

This full article is available only to IDEA Members. Start your 30-day free trial today and get instant access to this full article along with over 6000 others.

30-Day Free Trial

OR
Log in with your ideafit.com login (e-mail and password)
Log in with your acefitness.org login (e-mail and password)

IDEA Fitness Journal , Volume 10, Issue 5

© 2013 by IDEA Health & Fitness Inc. All rights reserved. Reproduction without permission is strictly prohibited.

About the Author

Mark E. Battersby IDEA Author/Presenter