What can you deduct on your taxes for your home based business? As a freelancer, independent contractor, or small business owner, operating from your home, this is a common question that you might have.
In this video, I’ll cover Tax Deductions For Home-Based Businesses. Come tax time, these tax deductions will save you a lot of money, when it comes time to file your taxes.
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Do you have questions about What Can I Deduct in My Home Based Business? I’m an Illinois licensed, Registered Certified Public Accountant with over 25 years of experience. I’m dedicated to providing outstanding tax and accounting services to individuals and small businesses in the Chicago area.
Disclaimer: Any accounting, business or tax advice contained in this article, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. If desired, I would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.