Where can I find good resources for figuring out home-office tax deductions?
The general advice is not to do this. I disagree. You would be foolish not to take a deduction to which you are entitled. Your chances of being audited are miniscule and even if you are, there is no problem as long as your deductions are legitimate. If you want to do your own taxes, one of the easiest ways to handle this is to use a tax preparation program such as Turbotax Home and Business for about $90 (which is partially deductible as a business expense by the way). It will walk you through everything you need to calculate your home office deduction. The CD also contains lots of help files, documentation and answers to FAQs related to small business deductions.
