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Back office support can make or break your construction company and that’s where we come in. We can do you the most good by bringing order to your chaotic contractors bookkeeping mess! Most of our clients come to us because they believed they needed someone to straighten up their contractors bookkeeping services system, help them get current or quarterly payroll tax filings, sales tax returns and a variety of other tax issues. That is only the tip of the iceberg! 

The real value in working with us is not just getting you out of trouble now but keeping you out of trouble in the future so that you can focus your time and energy where it will do you the most good…acquiring profitable and pleasant customers and clients and satisfying their needs. 


Warm Regards,

Randal DeHart | Premier Contractors Accountant


This is one more example of how Fast Easy Accounting is helping construction company owners just like you put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email


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Jul 21, 2017

This Podcast Is Episode Number 0226 And It Will Be About Unique tax considerations running Contracting Company from home


Today's Guest Article Is From Ryan Tollefsen

Planning to Run your business from a home office?

Here's what to know about your taxes If you are planning on using your home office or any part of your home for business purposes or if you already do, it is time to address the tax issue. You have probably heard all sorts of different things about claiming a home office deduction and other deductions. As understanding of tax laws varies from person to person, some inaccuracies can occur. Let's take a look at the truth about the tax issues involved with running a business from your home.

Deducting Home Office Expenses

The Taxpayer Relief Act of 1997 softened the requirements to determine if the costs tied to a home office can be deducted. However, you can't deduct every single item used in your home office. The costs required to maintain your home office can only be deducted if nuanced IRS guidelines are adhered to.

The home office must be exclusively used for running your business. Many homeowners are aware of primary residence rules as they relate to capital gains taxes, but exclusive use is something a little more complex. This means if you use the office for personal activities, family activities or anything else unrelated to your business, you can't use it to reduce your taxes.

The bottom line is that the home office will only qualify as a “principal place of business” if the following is true:

  • The office is used to conduct management or administrative activities of the business.
  • There is no other location of the business where you perform substantial management or administrative activities relating to the business.

If the above statements are not applicable to your business, home office deductions will not apply.

A Word about Exclusive Use

If your home office is in a distinct room, a group of rooms or a portion of a room in  which division is clear due to the presence of a partition, it is possible to show that your personal activities do not occur in this space. This is often the most challenging portion of qualifying for home office tax deductions. Aside from meeting the definition of “exclusive,” the space must be regularly used for the business.

As an example, if your home office is sometimes used by your kids to do their homework, you will have violated the strict exclusive-use requirement, and the space won't qualify for home office tax deductions. However, if you make the occasional phone call from your home office, you will still qualify, as your space meets the spirit of the exclusive-use test.

The bottom line is that if personal activities breach the home office space more than they would at the typical office building, the exclusive-use test will not be passed.

The Regular Use Requirement

Though there is no exact definition as to what qualifies as “regular use,” simply using an otherwise empty room of your home on occasion for business purposes does not meet the regular use test requirements. Yet using the home office for at least a few hours per day will likely suffice to meet the regular use requirements.

A Look at the Principal Place of Business Requirement

Aside from passing the regular-use test and exclusive-use test, the home office must serve as the principal location of the business or a place where one regularly meets with clients. This means even an employee that has a part-time business based in his home can pass this test although he spends the majority of his time at his employer's office.

The key question is what constitutes a business. One's efforts must generate money, yet the specific circumstances of how money is made are of the utmost importance. If these money-making activities are substantial in regards to time and effort, there is a greater chance the principal place of the business requirement will be met.

A great deal of nuance goes into the tax laws that apply to at-home businesses, and it's best to speak with a tax professional to understand what laws apply to your own space.

About The Author:

Ryan Tollefsen is the founder and team leader of Unity Home Group. Ryan specializes in negotiating offers, marketing, managing the team, setting goals and achieving them.


Contractor Bookkeeping Services All Across The USA Including Alaska And Hawaii

I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person.

We Remove Contractor's Unique Paperwork Frustrations

We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company!

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One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email

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Construction Accounting Specialists At Fast Easy Accounting 206-361-3950

Thinking About Outsourcing Your Contractors Bookkeeping Services?

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This guide will help you learn what to look for in outsourced construction accounting.

Need Help Now?

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