Why Every Homeowner in America NEEDS a HomeBased Business

One of the most advantageous extra benefits of owning a home-based business is the tax savings that you can derive.  According to the IRS tax code there are legal deductions that you can claim when you have a dedicated area in your home that is used for the sole purpose of conducting your business, provided that this is the primary place of your business.

Be sure to check with your accountant for details on this wonderful opportunity. In addition, it possible for you to have a "Schedule C" that is included with your tax return, where you can list business expenses that you have that are related to your business. These are expenses that you would not otherwise be allowed to deduct if you did not have a business.  Such expenses can include things like office supplies, computer equipment, and even auto travel if it is business related. Once again, check with your accountant or tax advisor for advice and specific instructions on the tax deductions available to you as a business owner. Many people find that tax benefits from the ownership of their business saves them thousands of dollars each year.

NOTE: Not to be construed as tax advice. Check with your accountant or tax advisor for advice and specific instructions on the tax deductions available to you as a business owner.