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.

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.

References in periodicals archive ?
based Software Publishers Association, price, ease of use, features and customer support are the key points to consider when looking for applications for a home office.
Whether it's located in the den, a spare bedroom or even exists as part of another room, such as the kitchen or master bedroom, the home office has become an important part of our culture today, and its popularity and prevalence are only expected to increase.
One of the reasons is that home office deductions apparently waive a red flag to auditors at the Internal Revenue Service.
The second stage of home office growth was in the 1990s as PC prices came down and a variety of home businesses were able to leverage technology.
In addition, Kreager said the trends in home office placement on the West Coast differ from other areas of the country.
Under the Supreme Court's more restrictive facts-and-circumstances test, the two primary considerations used to determine whether a home office was a taxpayer's principal place of business were the relative importance of the activities performed at each business location and the time spent at each place.
Income-generating home offices will be interested in the revenue generating capabilities of the Internet while corporate home workers will be interested in improving the quality of communications with company headquarters and in gaining remote access to company resources.
The home office has come a long way since the days of an electronic typewriter sitting on a desk.
In this computer and information age, many taxpayers are efficiently managing trade and business activities from home offices.
The 1997 law expanded the principal place of business definition to permit home offices to qualify for deductions starting in 1999 if
Canon's new four-product imageCLASS MF6500 series - comprised of the Canon imageCLASS MF6530, MF6550, MF6560 and MF6580 - expands the company's extensive laser multifunction portfolio and provides small and home offices with a range of options to choose the right solution for their business.
economy over the past three years, the number of home-based businesses and corporate home offices has continued to increase.

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