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 Ky Profit 2018

Net Profit Extension 2018-2024 Form

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Instructions and help about gross profit form city of pineville ky

In this presentation we will take a look at a deduction related to the business use of a home in other words a home office for a small business or a sole proprietor first let's consider the rationale of having a write-off or a deduction for the business use of a home note that if we are a small business then if we had a separate office then of course we would have rent on the separate office or some type of depreciation on that office and that would be a normal business expense that we would get to write off if on the other hand we work from home and let's say that this part of our home is what we use for our business well we are in a way taking that home and paying rent on it in a way because we're now taking that piece of our home and using it for business so the benefit we're getting if we have an office that we can write off we're not getting if we're working, and we're consuming part of our home as a part of the business and therefore there's an allowance for getting a write-off o

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