September 28th, 2007
Kelly, at Taxgirl, gives us something to think about today on her Fix the Tax Code Friday question. She extends the discussion about deductions that she initiated on her Problogger guest post.
Should there be a separate Standard Deduction alternative for self-employed persons?
She also has another very good post on deductions for home businesses here…. Some of […]
By Mary Emma -- 0 comments
September 27th, 2007
“What can businesses deduct?” Kelly Phillips Erb, from Taxgirl, says is one of the most frequent inquiries she receives.
Kelly has answered this in a guest post at Problogger, 46 Tax Deductions that Bloggers Often Overlook. Even though this post is directed at bloggers (one type of home business), most of the deductions are applicable for any home business…whether […]
By Mary Emma -- 2 comments
July 31st, 2007
Whether one collects sales tax for mail order and Internet sales often presents a quandry for the home business owner.
*What if you live in a no tax state but sell to customers in a state where there is a sales tax?
*What if you have a sales tax in your state and sell to someone in […]
By Mary Emma -- 2 comments
July 25th, 2007
A family farm actually is a type of home business, one often involving many family members working together to make it succeed. I grew up on a family farm which was our home and business.
However, family farms are disappearing from the scene, like the one of my childhood. This wasn’t because my father failed to […]
By Mary Emma -- 0 comments
July 1st, 2007
Kelly, at Taxgirl, brought up an interesting point in her post, iPhone,uTax, concerning gifts from businesses to employees. She connected this information with Apple giving it’s employees free iPhones. However, those phones aren’t completely free come tax time. They’re considered compensation, and as such, should show up on the employees’ W-2’s.
If you have employees in […]
By Mary Emma -- 0 comments
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