Q: I just started a new sales job in which I'm required to keep valuable samples at home. So I have decided to install a pretty expensive home security system. Can I deduct that cost as a home-office expense? R.N.T, Springfield, Ill.
A: It depends. You may be allowed a home-office deduction for expenses attributable to storing inventory or product samples, including the cost of installing and maintaining a home security system. (See more on this topic on page 3.)
- Small Business Tax Deduction Strategies No matches