home office

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Home Office

1. A place in one's residence in which one primarily performs tasks associated with self-employment or with one's job for an employer. For example, one may use the second bedroom in one's house as a home office, keeping one's desk, computer, files and so forth there. A home office may be eligible for a home office deduction if the space is used exclusively for business purposes.

2. A department of the British government responsible for immigration, police, and other matters related to law enforcement. At various times throughout its history, it has overseen other issues, such as adoption, fire services, and worker's compensation. It was established in 1782.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

home office

An area of one's residence used for office purposes.Home offices may be eligible for tax benefits—see home office tax deduction. Some states allow real estate brokers to maintain their principal office in their homes under certain circumstances.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
* Your home office is your principal place of business (i.e., you have no other fixed location for your business activities).
The beauty of a purpose-built home office is that although you are still technically at home, you can be completely removed from the mayhem of everyday life and enjoy the added bonus of having an office with a refreshing view - overlooking your own garden.
Home office storage suppliers point out that storage products extend beyond totes, drawer units and file boxes, especially as consumers adapt to newer technologies.
"The changing use of technology is making it easier to establish and use a home office than ever before," says Mary Porter, senior analyst with the home office research program at IDC, a market research firm.
The letter explained that when an employee works at home, the employer "is responsible for correcting hazards of which it is aware, or should be aware." Should be aware, of course, was the operative phrase: "Employers should exercise reasonable diligence to identify in advance the possible hazards associated with particular home work assignments, and should provide the necessary protection through training, personal protective equipment, or other controls appropriate to reduce or eliminate the hazard." Moreover, employers were responsible for ensuring that equipment used in the home office was safe and ergonomically appropriate.
Virtually anyone can benefit from having a home office. It's important to evaluate how your home office will be used.
For small builders, one of the galling flaws of the tax system is that it severely restricts home office expense deductions.
Most home office adherents would rather spend their time using their applications--not learning them.
WOOD & WOOD PRODUCTS interviewed several leading manufacturers about their home office lines -- what they make, how it is selling and what they think home office's potential is.
It doesn't always take a natural catastrophe to prompt communicators to set up home offices. Sometimes, the tremors come from other sources - corporate downsizing, for instance.
CPAs interested in information technology for setting up home offices, as well as IT consultants, can access links to workshops--in RealPlayer audio files--on technology planning as well as to articles such as "Developing Effective Technology Plans" and "Promoting Technology: 13 Ways to Do It."