Tag Archives: tax deductions

A Dozen Deductions for Your Small Business

Small-business tax rule No. 1: Don’t mess with the IRS By Jeff Sorg, OnlineEd Blog     (March 9, 2016) – Bankrate.com is sharing their list of 12 tax deductions taken by “savvy small business owners and entrepreneurs.”  This list includes such items as: Home office Office supplies Furniture Other equipment Software and subscriptions Mileage Travel, meals, […]

REPOST: IRS Announces Simplified Option for Claiming Home Office Deduction Starting This Year; Eligible Home-Based Businesses

Since it’s tax time again, we wanted to repost this IRS Common Sense Home Office Deduction announcement originally posted on January 15, 2013: – (Washingtion, D.C.)  The Internal Revenue Service today announced a simplified option that many owners of home-based businesses and some home-based workers may use to figure their deductions for the business use […]