Business Taxes – Internal Revenue Service

Good Ole Tax Time …

Did you know that a business out of your home is a deduction for your taxes? Don’t take my word to ask your CPA. Working at home has many advantages other than being your own boss. You fall into a higher tax bracket and working for yourself is hard work that is worth it.

Your home has many tax breaks that can save you money being a home business owner.

I teach what I have done to change my income and replace my 27 years of nursing income. It is s a deduction to better yourself and learn how to run your business better with education and training for your business. If we all knew how to run a 6 figure business without help – we would all be on top of the industry much sooner.

Did you know that your education and training for your business can be is a tax deduction because it is “Education and Training”

Deductions:
Did you know part of your water, electric, housekeeper, internet, a mobile phone can be business deductions?

Business in your home:
Business expenses are the cost of carrying on a trade or business. These expenses are usually deductible if the business is operated to make a profit. Read here to learn more about it from the IRS

http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Deducting-Business-Expenses

We all work too hard to give it all back in taxes and the way insurance costs and other daily expenses are rising you need to keep some for yourself. If done correctly it can be one of many reasons to work from home. Let’s get you rolling in your business here is your first deduction.