Assertion: home office | /r/HasProperty | other location
Facets:
Source sentences:
text: " (1) the office in the home is essential to the taxpayer's business; (2) he spends a substantial amount of time there; and (3) there is no other location available for performance of the office functions of the business.
text: I would employ the totality-of-the-circumstances inquiry, guided by the two factors discussed by the Court, only in the small minority of cases where the home office is one of several locations where goods or services are delivered, and thus also one of the multiple locations where income is generated.
text: provides that where management or administrative activities are essential to the taxpayer's trade or business and the only available office space is in the taxpayer's home, the `home office' can be his `principal place of business,' with the existence of the following factors weighing heavily in favor of a finding that the taxpayer's `home office' is his `principal place of business:' (1) the office in the home is essential to the taxpayer's business; (2) he spends a substantial amount of time there; and (3) there is no other location available for performance of the office functions of the business.