Audio tax write-off

@gs5556 I think I made a mistake in asking for tax advice. This is a fun audio forum. I don't want people to feel resentful about a bummer topic, or that I am trying to get something for free. I was genuinely curious about what other people, who have audio equipment imbricated in their professional lives, do at tax time. I did not assume that situations would be directly comparable, and I know that the tax systems are different in Canada.  A bit regretful I brought it up. I do appreciate the general advice and the time people took. Thank you. 

@scowler1 Here's the sad truth: Home office use as office = 99.5%. Fun listening to my system in that office, after hours, as it were = .5%   So perhaps that's the more fundamental problem to address.  

Happy listening everyone!

Paul

Wow, thank you for all of this input. I assumed that my situation was fairly unique, and therefore I plan to consult my accountant about the tax details. It's an LLC with just yours truly as its owner and employee. I have a dedicated home office space that also happens to contain my stereo.  I say "happens" because I use all the sound absorption paneling when recording narration and conducting some of my interviews. It also contains my A/V editing system, which currently has headphones or laptop speakers as the audio out, and I am considering acquiring monitors for that purpose and perhaps an outboard DAC. The consensus seems to be that to write such off is fine so long as you are using the equipment for stated purpose and my home office setup gibes with the tax rules for my particular corporation. I have friends in Canada who write off their stereo systems because they run a record label. A reference system, multiple systems in fact, are a totally legitimate expense there. For my part, sound quality and balance is absolutely a feature of my products, so I would be making that case. Just curious if others had done the same. To be clear, I am not trying to cheat. But I would feel ridiculous if I had to shift my whole stereo out of that room because it might be perceived by an auditor as not being a home office, especially when my work is A/V recording and editing.