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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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m00npapi.eth
@m00npapi.eth
IIRC home offices allow you to write off up to 50% of your rent and it has to be like closed off! Im not but I’m sure if enough CPAs weigh in we will get the list
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Jason
@jachian
Trying to declare your living room as your home office is a quick way to get an audit though haha
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m00npapi.eth
@m00npapi.eth
Yep that’s why it actually has to be closed off/provably so
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