Opening home business, What do I need to know?
September 18, 2009 by workathomebizreviews
Filed under Home Business FAQ
LISA asked: My husband and I have been planning to open a home based business for just over a year. Our plans are to open it by the end of 2008. My main concerns are taxes. We can not foresee our profits, but we are expecting under $50,000 for the first year. It will just [...]
How do i claim deductions for my home business that i started in 2008?
September 11, 2009 by workathomebizreviews
Filed under Home Business FAQ
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 [...]