Tag Archives: office space

Need Home Business Advice? Read This Article

If your business incurs expenses associated with entertaining clients, then these expenses can be claimed as a tax deduction. Anything you spend on business can be deducted, even food! Just be careful that these clients are paying or potential clients, or you may not be able to get these deductions. TIP! If your business incurs expenses associated with entertaining clients, then these expenses can be claimed as a tax deduction. Anything you spend on business can be […]

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Tips To Help You Run A Profitable Work From Home Business

You can deduct certain expenses like meals and entertainment for clients from your earnings when filing your taxes. These types of meetings you can record as business expenses. You have to make completely sure that you are only recording expenses that have to do with actual or potential clients. TIP! If you must take clients out, you can itemize these expenses. These meetings will always count as legal business expenses. Where would you be if you didn’t […]

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Advance Your Home Business With These Tips

Keep your gas receipts and keep track of mileage for work related trips for your home based business. Travel expenses like these, even for a single day, are 100% deductible. You will need to demonstrate that these expenses are truly business-related. TIP! Track your business-related mileage expenses, as you will be able to deduct all or a portion of them. Any business related travel expenses can be claimed at tax time. Most people have thought about being […]

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