Although President Donald Trump did not sign his sweeping agenda proposal into law until July 4, the White House maintains ...

For instance, say your rent is $2,000 per month or $24,000 per year and you use 25% of your home for business. You could deduct $24,000 times 25% or $6,000 for rent.

Business percentage = (Home office square footage / Total home square footage) x 100 For example, if your office is 75 square feet and the total area of your home is 1,000 square feet, the ...