Category

Taxes

Can I Claim Office Furniture On My Taxes?

By | Office Best Practices, Taxes

When building your office, every penny counts. All business owners know that one can claim expenses on their taxes, which helps to boost net profits and lower their tax bill. The way this works is through tax deductions. Essentially, you take the price of a deductible expense from your gross profits – what happens is you are taxed on what is left over after deductions. Is Office Furniture Tax Deductible? The creation of your office opens up many opportunities for tax deductions. Many expenses that are required for the running and opening of your business are deductible, such as rent,…

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