It’s Not Too Late to Take Advantage of Your Professional or Home Office 2023 Tax Deductions

Whether your office is in a large corporate building or you use part of your home
exclusively and regularly for conducting business, you may be eligible to deduct
expenses. The IRS allows for tax deductions for office furniture, art and rugs and
purchasing a beautiful Nejad Oriental Rug for your office may qualify for tax
deduction savings.

We already know that a beautifully designed workspace significantly boosts productivity,
motivation, and overall well-being. Such environments are often aesthetically pleasing
and ergonomically sound, reducing physical strain and mental stress. Comfortable
furniture with a beautiful Nejad Persian rug in a harmonious color scheme can uplift
mood, enhance focus, and foster creativity. With this year’s Section 179 allowed tax
deduction, you can create a nurturing setting that not only improves work efficiency but
also encourages a healthier work-life balance, contributing to greater job satisfaction
and overall happiness.

These professional offices feature Nejad Oriental Rugs, from light colors to rich jewel
tones in varying classic and transitional patterns.

Professional Home offices featuring Nejad Oriental Rugs

Professional Home offices featuring Nejad Oriental Rugs

Professional Home offices featuring Nejad Oriental Rugs

The Section 179 Deduction: The Section 179 deduction allows businesses to write off
the entire cost of qualifying assets in the year they are purchased rather than
depreciating them over time. For 2023, the maximum Section 179 deduction is
$1,160,000. Office furniture is explicitly mentioned as a deductible expense under
this section. This suggests that if office furniture, including rugs, qualifies as
a business asset, it can potentially be deducted under this rule.

Business Use of Home: If you use part of your home exclusively and regularly for
conducting business, you may deduct expenses related to this business use. The area
designated for the home office must be exclusively used for conducting business on
a regular basis. This means the space should not be used for personal activities.

Your home office must be the principal place of your business, or a place where
you regularly meet with clients or patients. This rule has some flexibility; for
example, if you conduct business at a location outside of your home but use your
home substantially and regularly to conduct business, you may qualify for a home
office deduction.

If the space is a separate structure not attached to your home, it does not have
to be your principal place of business, as long as it’s used exclusively and
regularly for your business.

These expenses can include mortgage interest, insurance, utilities, repairs,
and depreciation. In this context, if an office rug is used exclusively and
regularly in a part of your home devoted to business, it may be considered
for a deduction. However, the specific inclusion of rugs isn’t explicitly
detailed in the IRS guidelines​​​​.

Ordinary and Necessary Business Expenses: The IRS guidelines state that
business expenses must be both ordinary and necessary to qualify for tax
deductions. Ordinary expenses are those that are common and accepted in your
trade or business. Necessary expenses are those that are helpful and
appropriate for running the business. If office rugs are deemed ordinary
and necessary for your business operations, they may qualify as deductible

In summary, office furniture, including rugs, may be tax-deductible if they
are considered necessary and ordinary business expenses, and if they are used
exclusively and regularly in a part of your home dedicated to business. The
Section 179 deduction offers a pathway for immediate write-offs of such assets.
As tax laws can be complex and subject to interpretation, it’s advisable to
consult with a tax professional or an accountant to assess the specific
circumstances of your business and ensure compliance with IRS rules.

As tax laws can change and individual circumstances vary, it’s always highly
recommended to consult with a tax professional for advice specific to your

Restoration & Repair of 40 Smoke-Damaged Oriental Rugs

smoke damaged oriental rug

An Oriental rug that has sustained smoke and soot damage caused by fire

Nejad Rugs has been contracted by a prominent Bucks County PA businessman to wash and repair 40 smoke damaged Oriental Rugs. The client, working with his insurance company, trusts Nejad Rugs’ 31 years of experience to expertly service his rugs.

In the handling of such a formidable job, remediation of both visible soot as well as the various types of odors
from smoke damage due to fire requires the application of careful, stepwise methods using proven techniques – but most importantly the judgement and experience of a qualified Oriental rug expert. The restoration process for
each damaged textile can vary depending upon the extent and type of damage.

It is important not to attempt to wash or deoderize a smoke-damaged rug as the first course of action. Deoderizing will only mask the odor (wood fires, plastic fires, other synthetics odors) and will be effective –
if at all – for a short time only. Washing, as the first course of action, is also ill-advised as that would only result in spreading soot both into the rug pile as well as smudging the surface.

house fire with heavy smoke

Fire-related soot and smoke damage to oriental rugs may be repairable. Contact a professional fire restorer and rug restoration service for an expert appraisal.

Money, time and your rugs can best be saved by contacting a professional fire restorer and rug restoration service as soon as possible after any damage has been incurred – this information usually available through your home insurance agent. If you need immediate assistance or have any questions please call Nejad Rugs in Doylestown at 215-348-1255.

Insurance Appraisals & Oriental Rugs

Your Oriental Rugs are valuable assets for your family and having the proper written appraisals for your portfolio is one of the most important steps you can take to protect your investment. Whether your Oriental Rugs were handed down from your family or purchased years ago, it is highly advised that you to have your rugs appraised every ten years.

All along the East Coast, we have seen a dramatic increase of insurance claims for home owners with oriental rugs, mostly from weather related water damage. The process for the home owner can go much more smoothly if all of the paperwork is already in place. Current appraisals also provide a more accurate assessment of the insurance coverage needed.

Most of the leading insurance companies have come to rely on Nejad Gallery as the expert Oriental Rug Appraiser in the Bucks County,  Philadelphia and New Jersey areas. Chubb, State Farm, Travelers, Erie, Allstate, Liberty Mutual, Nationwide, Allied, Hartford and Farmers are just a few of the insurance companies with whom we regularly provide our appraisal services.

In addition to obtaining written appraisals, I recommend to my clients to take photos of all of their insured items and to video tape their home, room by room. An Excel spreadsheet listing each item with the purchase date and price helps keep a detailed catalog of your insured valuables. Scanning appraisals and receipts adds to your proof of purchase and helps the insurance company correctly ascertain replacement values. Keeping an updated offsite back up copy is another safety measure.

Being prepared for unforeseen events takes a bit of effort but the peace of mind and well being for you and your family is definitely worth the undertaking. Please call 215-348-1255, we will be happy to assist you with all your Oriental Rug Appraisal needs.