In today's episode, I'm chatting about the common confusion around tax deductions for home offices or studios, including what you can and cannot deduct as an entrepreneur. I'm also explaining how discrepancies between bookkeeping and tax deductions for a home office are normal and expected. Listen to this episode to get a better understanding of how to maximize your home office and studio deductions. Also mentioned in today's episode: <ul> <li dir="ltr" aria-level="1"> The criteria for home office deductions 2:35 </li> <li dir="ltr" aria-level="1"> How you can calculate your home office deductions 6:50 </li> <li dir="ltr" aria-level="1"> Direct expenses and quarterly tax payments 8:20 </li> </ul> If you enjoyed this episode, please rate, review and share it! Links: <a href= "https://www.sunlighttax.com/deductionsguide">Visual Guide to Tax Deductions</a> Check out my program, <a href= "https://www.sunlighttax.com/moneybootcampimpact">Money Bootcamp</a>.

In today's episode, I'm chatting about the common confusion around tax deductions for home offices or studios, including what you can and cannot deduct as an entrepreneur. I'm also explaining how discrepancies between bookkeeping and tax deductions for a home office are normal and expected. Listen to this episode to get a better understanding of how to maximize your home office and studio deductions. Also mentioned in today's episode: The criteria for home office deductions 2:35 How you can calculate your home office deductions 6:50 Direct expenses and quarterly tax payments 8:20 If you enjoyed this episode, please rate, review and share it! Links: Visual Guide to Tax Deductions Check out my program, Money Bootcamp.

In today's episode, I'm chatting about the common confusion around tax deductions for home offices or studios, including what you can and cannot deduct as an entrepreneur. I'm also explaining how discrepancies between bookkeeping and tax deductions for a home office are normal and expected. Listen to this episode to get a better understanding of how to maximize your home office and studio deductions. Also mentioned in today's episode: <ul> <li> The criteria for home office deductions 2:35 </li> <li> How you can calculate your home office deductions 6:50 </li> <li> Direct expenses and quarterly tax payments 8:20 </li> </ul> If you enjoyed this episode, please rate, review and share it! Links: <a href="https://www.sunlighttax.com/deductionsguide" rel="noopener noreferrer">Visual Guide to Tax Deductions</a> Check out my program, <a href="https://www.sunlighttax.com/moneybootcampimpact" rel="noopener noreferrer">Money Bootcamp</a>.

Home Office Expenses on Your Books vs Taxes

Making money isn't usually the top priority for big vision creators — making a difference is.

But without financial power, the diverse and unique solutions that you bring to the world as a creative entrepreneur aren't able to see the light of day. And you are left burned out and exhausted.

This show is designed for the big vision creators —designers, freelancers, and purple-haired, punk rock weirdos — to answer the question: "If you had your taxes, retirement, and investing on lock, how big of an impact could you make on the world with your work?"

Your host, Hannah Cole, is both an artist and a tax expert, and the founder of Sunlight Tax. In each episode, she and her guests will explore the connection between financial power and creative success, uncovering the unique money mindset and financial management shifts that help creators like you have a bigger impact with your work. From what you need to know about self-employment taxes and bookkeeping, to unlocking your vision, you'll have everything you need to become more successful — and have a bigger impact — in your career. 

Hannah has supported thousands of self-employed people like you with accessible tax and business setup skills through her signature program, Money Bootcamp. You can learn more at sunlighttax.com and connect on Instagram at @sunlighttax.

If this sounds good to you, please subscribe to the show, and share it with a friend.

Business

Entrepreneurship

Arts

Making money isn't usually the top priority for big vision creators — making a difference is. But without financial power, the diverse and unique solutions that you bring to the world as a creative entrepreneur aren't able to see the light of day. And you are left burned out and exhausted. This show is designed for the big vision creators —designers, freelancers, and purple-haired, punk rock weirdos — to answer the question: "If you had your taxes, retirement, and investing on lock, how big of an impact could you make on the world with your work?" Your host, Hannah Cole, is both an artist and a tax expert, and the founder of Sunlight Tax. In each episode, she and her guests will explore the connection between financial power and creative success, uncovering the unique money mindset and financial management shifts that help creators like you have a bigger impact with your work. From what you need to know about self-employment taxes and bookkeeping, to unlocking your vision, you'll have everything you need to become more successful — and have a bigger impact — in your career. Hannah has supported thousands of self-employed people like you with accessible tax and business setup skills through her signature program, Money Bootcamp. You can learn more at sunlighttax.com and connect on Instagram at @sunlighttax. If this sounds good to you, please subscribe to the show, and share it with a friend.

Share Home Office Expenses on Your Books vs Taxes

Sign up to save your podcasts

Home Office Expenses on Your Books vs Taxes

Home Office Expenses on Your Books vs Taxes

More shows like Sunlight Tax

Afford Anything

Money Girl

The Stacking Benjamins Show

So Money with Farnoosh Torabi

Savvy Painter Podcast with Antrese Wood

HerMoney with Jean Chatzky

10% Happier with Dan Harris

I Like Your Work: Conversations with Artists

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Learn to Paint Podcast

Dear Therapists with Lori Gottlieb and Guy Winch

Windowsill Chats

All the Hacks: Money, Points & Life

Money For Couples with Ramit Sethi

The Wirecutter Show