Home Base Business 101

Home Base Business Tax Help The number one service that we provide is tax help for Home Base Business Owners. Owning a Home Base Business is the best Tax Strategy ever. We teach people how to properly structure their home base business so that business owners can save thousands of dollars. The U. S. Congress has created laws that encourage individuals to be entrepreneurs to start and run their own businesses. Home Base Business Entrepreneurs have many more potential deductions available to them than the everyday taxpayer. Here is a list of some of the categories from the IRS's Schedule C. Advertising Bad debts from sales/services Car and truck expenses Commissions and fees Cost of goods sold Depletion Depreciation and section 179 expense deduction Employee benefit programs Expenses for business use of home (form 8829) Insurance Interest - Mortgage- Credit Cards - other Legal and Professional Services Office expenses Rent or lease of vehicles, machinery and equipment Repairs and maintenance Supplies Taxes and licenses Travel, Meals and Entertainment Wages paid to employees and many more that a qualified tax pro can help you find!