How do i deduct home office costs for freelance bookkeeping on schedule c?

[Lily.M]

We talk a lot about the big names in comics, but I'm always interested in discovering comic book artists and writers who aren't getting the attention they deserve. Whether they're working on indie comics, webcomics, or even mainstream books that fly under the radar, who are some comic book artists and writers you think more people should know about? What makes their work special in your opinion?

[KennethXS]

One comic book artist who deserves more recognition is Fábio Moon. His work with his twin brother Gabriel Bá on Daytripper and Two Brothers is absolutely stunning. The way they blend Brazilian storytelling traditions with universal themes is masterful. For writers, I'd say Al Ewald doesn't get enough credit for how he's reinventing horror comics while maintaining literary quality.

[JamesJ]

In the indie comics world, Emily Carroll is doing incredible work with horror and folklore. Her graphic novel Through the Woods is a masterpiece of atmospheric storytelling. Also, Tillie Walden's autobiographical work explores queer identity with beautiful, flowing art. Both are comic book artists and writers who bring unique perspectives that enrich the entire medium.

[Kevin_S]

At the shop, we try to highlight lesser known comic book artists and writers. One who comes to mind is James Harren, whose action sequences in books like Ultramega are mindblowing. For writers, Ram V is doing phenomenal work across multiple genres but still feels underrated. His ability to blend mythology with modern storytelling in books like The Many Deaths of Laila Starr is exceptional.

[EmmaR]

For graphic novel analysis, I'm always impressed by Nick Drnaso's work. His approach to depicting trauma and modern anxiety in Sabrina and Acting Class is incredibly effective. Also, Katie Skelly's art in Maids and The Agency has a unique style that perfectly serves her stories. Both are comic book artists and writers who deserve more attention for their contributions to the medium's artistic possibilities.

[MiaW]

I’m trying to figure out if I can deduct the cost of setting up a dedicated home office for my freelance bookkeeping work this year. The space is used exclusively for client work, but I’m unsure how to properly handle the initial setup costs versus the ongoing expenses for my Schedule C.

[EricLG]

Last year I used the simplified deduction for that dedicated space. You measure the space and multiply by five dollars per square foot up to three hundred square feet. It felt simple and you don't deal with depreciation or startup costs.

[John91]

With the regular method you can deduct a portion of your actual housing expenses based on the business use percentage. You would depreciate or expense the furniture separately.

[TimothyQM]

Initial setup costs for furniture and equipment can be depreciated over time or a Section 179 election may let you deduct eligible items now. The space itself can be depreciated if you own the home.

[EdwardJ]

Every year I keep receipts for the big purchases like desk and computer and I code them as business expenses. The regular method also requires splitting the shared expenses by the business use percentage.

[JonathanH]

Startup costs are a separate animal if you are just starting the business. You might be able to deduct some but you usually amortize the rest. If you already have the business those rules dont apply.

[OliverL]

Do you rent or own the place?

[Savannah24]

One more thought from me is that personal use complicates things and you might have to reduce the deduction to the business share.