News - Details
Home Office – Deduct Your Security System
You can take a depreciation allowance for the installation of a home security system if your main place of business is your home. Additionally you can deduct maintenance and monitoring expenses. The deduction percentage is the same as utilities and a homeowners’ insurance policy, it is based on the business percentage of your home. Note that aggressively taking the deduction for the full cost is generally not accepted by the IRS.
Back to News