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A Virtual Office Can Save You A Lot of Headaches

Aside from start-up funds, business plans, and equipment purchases, many small businesses that are considering opening virtual offices may need to also factor in a number of legal issues, particularly if it is decided that employees will work from home.

For one thing, you’ll need to look into the zoning for your or your employees’ homes if you are planning on operating virtual offices through homes. Are they in an area zoned for business? What type of business can you operate from your home? Check out your local zoning ordinances to make sure you don’t have to get any special permits or licensing, or have any restrictions on what you can do from your home.

Another issue in the legal arena has to do with taxes. If you want to claim your virtual offices as a home office, the Internal Revenue Service has tightened the restrictions to the point that you can’t use that space for anything other than your work. So, if you’re working from a table in your breakfast nook then you may not be able to claim a home office deduction. There are some exceptions, so we strongly recommend that a tax accountant or attorney is consulted regarding the law as it pertains to your situation.

Virtual Offices Tip: Through good planning, communication, and outside technical support when needed, your virtual offices can succeed and help foster future virtual businesses.

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Posted on Friday, March 7th, 2008 at 8:51 am In
Virtual Offices