Archive for the ‘United States’ Category

 

In regards to taxes, what should i do with my 18 month old home business? Incorporate?

Tuesday, October 14th, 2008
Jason R asked:


I generate about 40k profit from my home office. When it comes to paying taxes and making deductions, what is the best way to set up my business? I live in Florida.

Stacey

 

Which is the best tax program if you ran a failed home business this year?

Friday, April 25th, 2008
violamom74 asked:


I have to declare a loss for the home business, but have all my receipts and stuff for the business. Which is the most comprehensive program that will help me the most? THanks in advance!

Jeffery

 

On self employment, can I deduct electricity cost to run my in home business using computers?

Tuesday, March 11th, 2008
vin91 asked:


There are also expenses for heating while I’m working, lighting, etc, that fall under electrical usage. Afterall these utilities aren’t free and are required to run my in-home small business.

Annie

 

How do i claim deductions for my home business that i started in 2008?

Thursday, October 11th, 2007
Brian asked:


I am a Independent Distributor for a company called Xango. I have tracked all my expenses all year long, but now my only question is how do i claim them on my taxes? Are there certain forms to fill out for home-business based tax deductions? Would it be best to find an accountant who specializes in this type of deal? What do i do? What do i do!

Jorge