This tax musing discusses a little about the new simplified office in the home calculation the IRS will allow in the 2013 tax year “that will save taxpayers 1.6 million hours calculating the home office deduction.” See this article in Accounting Today by Michael Cohn discussing it:
http://www.accountingtoday.com/news/IRS-Offers-Simpler-Option-Calculating-Home-Office-Tax-Deduction-65362-1.html?ET=webcpa:e6578:204199a:&st=email
Just remember, anytime the IRS offers a simplied version of something to save time, chances are to save the time you are going to lose some deductions. The maximum deductable is 5 cents a square foot up to 300 square feet or $1500. If you pay $1500 a month rent and haveonly 10% of your square footage used for an office in the home, you get an $1800 deduction, not including utilities, insurance, etc., so this will probably cost you something. Call or email me and we can talk about it.
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