Self employed home office expenses

If you’re self-employed and work from home, you may be able to deduct certain expenses related to your home office. These expenses could include things like insurance, mortgage interest, property taxes, utilities, and repairs. To be eligible for the deduction, your home office must be used exclusively for business purposes. To be able to deduct […]

Self employed internet expenses

There are a few things to consider when you are self-employed and working from home – internet expenses being one of them. When you are self-employed, you are responsible for your own taxes and that includes internet expenses. The good news is that you can deduct a portion of your internet expenses come tax time. […]

Home craft business taxes

Starting a home craft business can be a great way to earn some extra income. But before you start selling your crafts, it’s important to understand the tax implications. There are a few different taxes that you may need to pay as a home craft business owner. First, you will need to pay income tax […]