Davinci Virtual

Look into the laws before you leap. Small businesses 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.

To start with, you’ll need to look into the zoning for your or your employees’ 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 through virtual offices. For example, if your business requires clients or customers to come to your home then parking may be an issue. Check it out before you get too far into things.

Another issue has to do with taxes. If you want to claim your virtual offices as a home office, the IRS has stiffened the requirements 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 (like for home childcare, food establishments, etc.), so we strongly recommend that a tax accountant or attorney is consulted regarding the law as it pertains to your situation.

Virtual Offices Tip: No question about it, through good planning, communication, and outside technical support when needed, your virtual office can succeed and help foster future virtual businesses.