You may already know how wonderful it can be to work from home, but do you realize how many home based business tax advantages exist? Here in the United States, many people operate home based businesses just to take advantage of the numerous tax deductions. Claiming the use of your home in your business can […]
Running a business from your home makes it possible for you to deduct a percentage of the expenses that you would normally pay but aren’t allowable on your private income tax return. The write-offs that you can claim when running a home based enterprise are comparable to these of other offices outdoors the home with […]
New home based small business owners are not generally aware of all the tax deductions that apply to them. It doesn’t really matter where you work from, the IRS says that a business that operates in an apartment, house, condominium, mobile home, or boat can qualify for a home based business deduction. There are certain […]
New changes in the tax laws have made it easier than ever to claim Home Office Deductions and keep more of what you earn. If you carry on your business at home, you can include a lot of your personal expenses as business expenses and get deductions. You may be thinking, “I have an Accountant/CPA/Tax […]