Virginia Passarell, principal of Passarell Tax & Bookkeeping Services, explains why you shouldn't shy away from taking available tax deductions.

Virginia Passarell is principal of Passarell Tax & Bookkeeping Services. To reach Virginia Passarell call (707) 981-4697.
Video: Taking Advantage of Tax Deductions
Complete Video Transcription:

SANTA ROSA – Host, Sarah Rutan: If you’re a business owner or independent contractor, make sure you’re taking advantage of every available deduction when filing your tax return. Today we’re in Santa Rosa with Diamond Certified Expert Contributor Virginia Passarell of Passarell Tax & Bookkeeping Services to learn more.

Diamond Certified Expert Contributor, Virginia Passarell: Many sole proprietors shy away from taking the home office deduction, believing that it’s a red flag for a tax audit. But you really should be taking every legitimate deduction that you’re entitled to. For example, the deduction of a room used exclusively for your home office – or even, for that matter, a portion of the room – is a legitimate deduction, and you should be taking it.

Host, Sarah Rutan: To learn more from local, top rated companies, visit our Diamond Certified Expert Reports at experts.diamondcertified.org.

Virginia Passarell is a veteran accountant and principal of Passarell Tax & Bookkeeping Services, a Diamond Certified company. She can be reached at (707) 981-4697 or by email.

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