Our Terms of Use and Privacy Policy have changed. We think you'll like them better this way.

Thursday night home base business tax and opportunity call

  • Broadcast in Business
  • 0 comments
We Work From Home

We Work From Home

×  

Follow This Show

If you liked this show, you should follow We Work From Home.
h:11148
s:7671745
archived

 Owning a Home Base Business is the best Tax Strategy ever. We teach people how to properly
structure their home base business so that business owners can save thousands of
dollars. The U. S. Congress has created laws that encourage individuals to be
entrepreneurs to start and run their own businesses. Home Base Business
Entrepreneurs have many more potential deductions available to them than the
everyday taxpayer. Here is a list of some of the categories from the IRS's Schedule C.


  • Advertising

  • Bad debts from sales/services

  • Car and truck expenses

  • Commissions and fees

  • Cost of goods sold

  • Depletion

  • Depreciation and section 179 expense
    deduction

  • Employee benefit programs

  • Expenses for business use of home (form 8829)

  • Insurance

  • Interest - Mortgage- Credit Cards - other

  • Legal and Professional Services

  • Office expenses

  • Rent or lease of vehicles, machinery and equipment

  • Repairs and maintenance

  • Supplies

  • Taxes and licenses

  • Travel, Meals and Entertainment

  • Wages paid to employees

  • and many more that a qualified tax pro can help you find!

Comments

 comments