Category: Home Business

There are a few things to consider when looking for handwriting jobs from home near you. The first is what type of handwriting you are able to do. If you have good, clear handwriting, you may be able to find work as a handwriting expert. If your handwriting is not as good, you may be […]

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February 1, 2023May 5, 2014

If you work from home, you may be able to deduct certain expenses on your tax return. These eligible home office expenses can include a portion of your mortgage or rent, utilities, insurance, and repairs. Keep in mind that you can only deduct the expenses that are directly related to your home office, and you […]

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February 1, 2023April 22, 2016

When you sell your home, the IRS considers it a capital gain and taxes it accordingly. However, there are several exceptions that can help you avoid paying taxes on your home sale. If you’ve owned and lived in your home for at least two of the past five years, you can exclude up to $250,000 […]

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January 31, 2023October 28, 2016

A tax credit is a dollar-for-dollar reduction in the income tax you owe. So, if you have a $1,000 tax credit, you’ll owe $1,000 less in taxes. … The main difference between a tax deduction and a tax credit is that a deduction reduces your taxable income, while a credit reduces your tax bill dollar […]

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January 28, 2023May 1, 2013

When you own a rental property, you can deduct a variety of expenses on your taxes. This includes the mortgage interest, insurance, repairs, and more. But what if you also use the property for business purposes? Can you still deduct those expenses? Yes, you can still deduct expenses for a rental property used for business […]

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January 20, 2023September 24, 2016