Thursday, April 25, 2019

Work at home taxes write offs

1) Self -Insurance - With out ready made benefits package by large corporation many are self employed and must be insured.

2) Retirement savings - can save more for retirement  like solo 401k

3) Supplies and professional Dues - weather is $2000 computer or $2 pen if its expenses for the business it's tax deductible.

4) Home office Deduction - up to 300 square feet $5-1,500 has long has space is used for business

5) Tax and legal advice - like tax preparation