-=> Quoting Larry Johnson to All <=-
 LJ> As a soon to be home office entrepreneur, I would appreciate any
 LJ> qualified advice on what requirements / restrictions the IRS puts on
 LJ> home offices.   Example,
 LJ> percentage of use? Shared use areas?  What things are and are not
 LJ> deductible as business expenses?
Years ago, when I started my first business, when I phoned for 
information on my tax ID number I asked also about home offices.  
They sent me a booklet explaining the requirements at that time. 
I have a tollfree number for such info from Kentucky ... if you 
aren't in Ky. I am sure that other states also have offices to 
help new businesses that are forming.  Also, it seems I remember 
seeing a file on the SBA bbs with all the requirements.  Sorry 
if this isn't much help to you but all I know is far enough to 
know that my "office" doesn't count since it is not used 
exclusively for business at any time. :(  One word of advice 
though ... don't get too anxious to count everything as a 
business deduction until you find out about your state and 
local taxes ... due to the "sharing" between the different tax 
offices, you may be charged a tax on your business inventory 
that is higher than any savings you may get from the IRS 
deduction!
... BlueGrass Innovations "Mostly Miniatures" Mail Order Only
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