Huge refund bonus for Americans that work from home revealed by tax expert as he busts four common filing myths ...Middle East

A LEADING tax expert has revealed Americans who work from home may be able to claim a huge tax credit when filing this year.

Mark J Kohler, a CPA and renowned small business tax lawyer, explained how the deduction can be a “game changer” for people’s finances. 

The tax expert has also debunked a series of myths that people mistakenly believe when filing their taxes.

Tax season is well and truly underway, with the April 15th deadline now fast approaching.

With over 22 million Americans working from home, Kohler said people can actually write off their home office and car.

Calling remote work “the new normal”, Kohler explained the S-Corp home office deduction can help you save money.

“Working from home is no longer a trend—it’s the new normal,” Kohler said.

“Whether you’re running a full-time business, managing a side hustle, or freelancing, the S-Corp home office deduction can be a game-changer for your finances. 

“If you own a business and have a dedicated area of your home you use as an office, you are eligible for tax deductions.”

HOW TO CLAIM

For anyone curious about how to claim deductions, Kohler said there were many ways to help maximize your write off while “staying in the good graces with the IRS”.

According to the IRS, you may be able to deduct certain expenses for your home that you use for business.

To be able to claim this, taxpayers must exclusively or regularly use part of their home as their primary place of business. 

However, you must be self-employed or a business owner.

Some employees can claim a home office deduction but must meet very specific conditions.

For a car, you can claim deductions if you are a business owner who travels for meetings.

Employees are unable to claim car deductions for commuting to the office, but are able to deduct car expenses for work related travel.

MYTHS DEBUNKED

With taxes at the forefront of many Americans’ minds, Kohler also debunked a number of other myths.

Kohler said this was false, saying many US taxpayers had a misplaced focus on getting a tax refund.

The tax expert said if you’re getting a large refund, you overpaid the IRS during the year and the agency is now giving you back your money.

He said instead of aiming for a large refund, people should focus on strategies that reduce their tax liability throughout the year.

“Our number one cost in life is taxes,” he said.

“If we can minimize that, we can deploy that money in other areas that make us money.

“That’s the concept of tax planning.”

Kohler said this is false. Contrary to public opinion, he said it is actually not the end of the world if you don’t file by April 15 and actually it can be very strategic not to file by then.

Kohler said this is false, and that people should treat your side hustle as a legitimate business in order to maximize the tax benefits.

Kohler said this is false, and encouraged people to hire their kids in the business.

“The salaries will be deductible as business expenses, and you’re passing on money to your family and investing in your children,” he said.

“Overall it’s a win-win.”

TMX contributed to this article.

2025 Tax Season

Tax season started on January 27 and folks must have theirs completed filed on April 15.

Those who fail to file by that time may face penalties.

However, taxpayers who need more time may file for an extension – this gives them until October 15.

The way to do this is by filling out Form 4868, the Application for Automatic Extension of Time To File U.S. Individual Income Tax Return. 

This can be done by mail, online with an IRS e-filing partner, or through a tax professional.

While there’s no set schedule, the IRS revealed that taxpayers may receive refunds within 21 days of filing.

Just be sure to avoid making mistakes on any forms as that could tack on extra time.

Those filing through mail will likely get their returns within a month or could even face delays as the IRS processes millions.

As of January 31, the average refund amount totaled $1,928, per the IRS.

This is compared to the $1,395 for the same period in 2024.

The average direct deposit refund for 2025 was even higher, the IRS said, at $2,069.

To check the status of your refund, The IRS has an online tool called Where’s My Refund? 

This works within 24 hours of e-filing and generally within four weeks of filing a paper return.

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