Tax Benefits of using coworking Spaces Discover the remarkable tax benefits associated with coworking spaces that can greatly impact your tax returns. If you’re a start-up, entrepreneur, freelancer, sales representative, real estate agent, business founder/owner, or remote worker, you’ll be delighted to learn that coworking expenses can often be written off as deductions. As an independent contractor, such as a 1099 employee or freelancer, you have the opportunity to deduct coworking memberships as legitimate business expenses when filing your taxes. However, W2 employees are ineligible for this deduction, as business expenses cannot be claimed. According to the Freelancers Union Blog, opting for a monthly coworking space provides a hassle-free and 100% tax-deductible solution to claim an office space, eliminating the […]