November 25th, 2008
What If Your Home Business Gets Audited?
Someone asked me a question about my post yesterday about home business deductions. First, a clarification. I said your home business must be used “regularly and exclusively” for business. Your home business location must also meet at least one of these qualifications. It must be:
Your principal place of business, […]
By Jean Murray -- 1 comment
November 24th, 2008
How to Deduct Your Home Business Space Expenses
Do you know how to claim your home office expenses as a tax deduction? As promised a few days ago, I’ll give you the ins and outs of the process, and include some limits on home office deductions.
Here is the trick: In order for your home business expenses to be deductible, the space you […]
By Jean Murray -- 3 comments
November 20th, 2008
Thursday 13 - Resources for Home Business Owners
I found lots of valuable information for home business owners on the U.S. government’s Business.gov website , and I thought I would share some of these with you. Here you go - Happy Thursday!
1, Pros and Cons of Starting a Home Based Business
2. Zoning Laws for Home Based Businesses
3. Business Plans for Home Based Businesses
4. […]
By Jean Murray -- 0 comments
November 19th, 2008
Is Your Home Business Zoned Correctly?
Part of the start-up process for any home business should be a check on the zoning requirements of your locality. The restrictions on your home business depend on two factors:
1.Type of business. If you have a business that is noisy or smelly or that has many customers coming in and out, it will be more […]
By Jean Murray -- 0 comments
November 14th, 2008
Spotting Home Business Opportunity Scams - A “Red Flag” Checklist
When considering any opportunity, I have come to rely on “red flags” (as in, red flags on the field = penalties). Red flags are questions/concerns that raise their ugly heads during my review process. If I see red flags, I become very skeptical about the opportunity. If I see too many, I’m outta here. Here […]
By Jean Murray -- 0 comments
November 13th, 2008
If you are just starting a home business, you probably have wondered “What about the neighbors? Will they get upset at my business?” More than just having your neighbors mad at you, you may be violating two different types of regulations. And you don’t want to find out if you are in violation by being […]
By Jean Murray -- 0 comments
November 10th, 2008
Starting a REAL Home Business - A Checklist for Independent Contractors
Many home business people are independent contractors. That is, they are not employees of another business, but they work for themselves and get paid through a contract, not a paycheck. But if you are an independent contractor, you are running a business. And you need to act like it.
I talked to someone last week who […]
By Jean Murray -- 1 comment
July 21st, 2008
HomeBizNotes.com
If your home business deals with food, making it to sell to consumers, whether from your home, at food establishments, craft fairs, farmers markets, or on the Internet, you soon may be affected by “calorie sticker” laws. New Yorkers recently experienced calorie “sticker shock” because restaurants and fast food places must post the […]
By Mary Emma Allen -- 1 comment
July 11th, 2008
HomeBizNotes.com
Copyright infringement and plagiarism have become prominent issues on the Internet these days. Much of this occurs because bloggers and business owners, who have not been active in the writing world before, have little knowledge of what constitutes copyright infringement.
I’ve even had writers, in a class I was teaching, express surprise because everything […]
By Mary Emma Allen -- 2 comments
June 20th, 2008
HomeBizNotes.com
Keeping records, for tax purposes and to determine whether you are making money, is vital in a home business. You don’t simply put the money you collect into a “cigar box” and feel it’s free and clear because it isn’t a fortune. You have expenses, too, that detract from that money.
You must set up […]
By Mary Emma Allen -- 1 comment
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