Home Business Tax Deductions

Filed in archive financing on October 23, 2006

As at-home entrepreneurship and telecommuting becomes more and more popular and beneficial to many, the government just keeps
on making it a lot easier and fun for more people to jump in the bandwagon. One of these is tax deductions for those who operate home offices such as engineering and construction types who spend lots of time in the field, but do most of their administrative work at home.

Oooh.. Don't we all just love tax deductions? Here are five tax breaks to augment your home business success:

1. Infrastructure, e.g., utilities, phone service, housekeeping services, landscaping
2. Home mortgage interest and property taxes
3. Travel expenses
4. One-time office equipment purchases
5. Family Affair

Sweet isn't it? Here are more details.