As we discussed earlier this year, more people than ever are working from home! Many of them are business owners, self-employed, contractors or consultants. Do any of these terms apply to you? If so, you may be uniquely situated to take advantage of some year-end savings on home office furniture!
Buy Home Office Furniture from WFMO and Save on Taxes!
What are these savings you might ask? No, we aren’t talking about a WFMO sale. Rather, we’re talking about an easy tip that will hopefully save you on business taxes for 2018! And it will also get you some sleek new home office furniture while you’re at it!
If you’re a business owner or self-employed, the tax code allows for certain business expenses to be deducted from your gross income. This includes business equipment purchases – including home office furniture! When you make these purchases, you lower your taxable income, which ultimately lowers your taxes. And who doesn’t like lower taxes?! So you pay less in taxes, and get some new furniture to boot!
If you’ve got an entire office to furnish, we love both the Catalina Collection and the Gramercy Park Collection by Parker House Furniture. Both of these collections include tons of desk space, bookcases, lateral files and more! They are perfect for the home office executive.
If you’re on a budget or need something with a smaller footprint, you can’t beat the Starmore Desk from Ashley. Equally at home in the living room as in the office, the Lakehurst Sofa Table Desk from Magnussen Home Furnishings is another excellent choice.
Metro Atlanta Buys Its Home Office Furniture at WFMO
Lastly, please keep in mind that this is general advice and that ultimately we aren’t tax accountants. If you’ve got specific questions about business expenses, write-offs, and how they apply to your business, we recommend asking a tax professional!
If you’re looking to upgrade your home office, living room, bedroom or dining room for 2019, you won’t find a larger furniture selection anywhere in town than at Woodstock Furniture & Mattress Outlet! All of our furniture stores are back to normal hours this week, so come take a look!
Happy New Year! We hope to see you soon and hope you have a blessed 2019!