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Content
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https://warpcast.com/~/channel/fc-devs
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Dan Romero pfp
Dan Romero
@dwr.eth
Is there a good guide for tax optimizing if you’re building a Farcaster app / service and you’re not venture backed? i.e. if you have 10 paying customers, how much of your home internet, cell phone, rent, saas subscriptions, maybe even your rent if you work from home? Maybe I’m naive, but feels like there’s a nice pre-tax set of write offs.
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Jason pfp
Jason
@jachian
I’d actually talked this through with my CPA recently regarding home office deduction Home office percent default is ~10% (CPA should chime in), but this reflects what percent of those home expenses you can deduct as business expenses. IE: rent/mortgage, utilities Really though the % is what % of your closed off living space you dedicated to your home office. If you try though to deduct the biggest room you might get audited and want a CPA for that
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