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Taxes and Home Based Business
Filed in archive business tips by Sue Walsh on February 29, 2008
Taxes and Home Based Business
Tax time is upon us again and if you are a Home based business owner or otherwise self-employed, taxes can be a real headache. 1099's, Schedule C's, Estimated Taxes, Quarterly Payments...it can really be overwhelming. Take my advice, don't do it yourself, at least not the first year. Talk to a professional. Tax laws are highly complicated and change regularly-and penalties are steep. Not only that but doing it yourself means you could miss out on money saving deductions-or set yourself up for an audit by taking the wrong ones. Play it safe and speak to a professional. Yes, it costs money, but it money well spent!


Permalink: Taxes and Home Based Business
Tags: home  based  business  work  from  home  work  at  home  independent  contractor  telecommuting  taxes  1099  sche 
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