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New home office calculation is less taxing (access required)

Independent contractors and small home-based business owners now have a simpler alternative for calculating their home office tax deductions. The new formula – which multiplies the office’s square footage by $5 – is intended for those with home offices of 300 square feet or smaller and is capped at $1,500 for each year. The new deduction ...

About Brad Iverson-Long

Brad Iverson-Long is a reporter for the Idaho Business Review, covering banks, financial services, technology and new business.