Taxes and Your Video Business

It’s almost tax time so why not get a jump on it and start organizing your numbers now. There are a number of issues you’ll want to consider. For instance, the home office deduction is one of the most misunderstood IRS rules. Here’s some of what the IRS says about this deduction:

Computing the Amount of Home Office Deduction

Generally, the amount of the deduction depends on the percentage of the home that is used for business. The deduction will be limited if gross income from the business is less than the total business expenses.

A taxpayer can use any reasonable method to compute business percentage, but the most common methods are to:

Divide the area of the home used for business by the total area of the home, or
Divide the number of rooms used for business by the total number of rooms in the home if all rooms in the home are about the same size.

* * *

To learn more about the home office deduction as well as other important issues and deductions read Your Video Business & Income Taxes.

Keep Reading...

San Jose Police Vs FAA On Drone Use

Police Vs FAA Over Drone Use

Can police use drones? San Jose says yes. FAA says no.

Read More
Go Pro Becomes a Broadcast ENG Camera

Make a GoPro Look Professional – Put it in a Betacam Camera Body

Go Pro Camera hidden inside an ENG broadcast camera.

Read More
Small 4K Gimbal Camera

Small Self-Stabilizing 4k Gimbal Camera

The REMOVU K1 is a small 4K gimbal camera. The small handhled camera has a built-in mic and a 1.5 inch LCD screen built into the grip. The K1 is equipped with 3-axis gimbal technology and a F2.8 wide angle lens. The sensor is a 1/2.3 inch CMOS 12MP (Sony IMX377). Video Resolution is 4K […]

Read More
Parody of Birdman

Make A Parody

Looking for a great topic for your next video? Make a parody of a well-known film. The example above may get your creative juices flowing, but it will only be meaningful if you’ve seen Birdman which just won the Oscar for Best Picture on Sunday night. Below is the full length trailer. The film is […]

Read More




Leave a Reply

Your email address will not be published. Required fields are marked *


  • Forbes Magazine calls VideoUniversity one of the best business-to-business sites for digital video production.
  • WINNER
    Videography Magazine's
    "Website of the Month" Award
  • WINNER
    PC Magazine Online "Best Desktop Video Site" Award
  • WINNER
    CyberFilm School's "FOUR STAR" Award