Whether you just started thinking of starting a home business enterprise, or you’ve been doing it for decades, there are always new ideas popping up about how to run it in a more efficient manner. This article is going to give you tips that can help you with your home business.
Get receipts from lunches with colleagues and prospects, because you can deduct expenses such as these at tax time. These events are considered business expenses. Just be careful that these clients are paying or potential clients, or you may not be able to get these deductions.
If any business expenses arise from having to entertain clients, remember that you can deduct expenses like these from your taxable income. These types of meetings will always count as business … Read the rest