1.   Home office deductions are an audit flag, so these records should be kept at least six years, and the depreciation part placed in the permanent residence file.

2.   Homeowners who stop taking a home office deduction will want to be able to show that the office has been moved or that the business has been dissolved.

3.   If a taxpayer takes the home office deduction, the IRS may recapture some of that deduction when the home itself is sold.

4.   Individuals would have greater flexibility to claim the home office tax deduction.

5.   Murphy adds that an important consideration in deciding to take the home office deduction is what happens when you sell your principal residence.

6.   One thing to consider in deciding whether to claim a home office deduction is that the cost basis of the house goes down for the part that is depreciated.

7.   --Reinstate a home office business deduction that expired last year, and accelerates the phase-in for the self-employed health insurance deduction.

8.   To claim an office deduction, you must surmount two major hurdles.

9.   Unable to claim that nifty home office deduction?

10.   Vice President Al Gore said today the administration would seek to expand the capital gains tax reduction for small businesses and expand the home office tax deduction.