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Learn how to avoid many of the most common mistakes many new VA business owners have made. Read »

home based business tax deductions

Business Taxes

Business Taxes for Home Based Businesses

It’s Tax Time Again!

Home Business Tax Deductions

Home Business Tax Deductions

Now is a good time to make sure you are getting all of the tax breaks you are eligible for and taking full advantage of the benefits of owning a home based business.

As a virtual assistant home based business owner, you qualify to reduce your taxable income by deducting your business expenses. The amount of deductions you have can also depend on the structure of your business.

Owning your own home business can be challenging, but you want to make sure you enjoy all of the benefits of business ownership. One great benefit is your tax deductions. Learn more…

Do You Need a Home Based Business Tax Deduction?

Do You Need a Home Based Business Tax Deduction?

One of the best reasons to start a home based business is the tax decution benefits. Of  course the other reason is to make some much needed money – either a full-time or part-time income. The tax deductions make working from home an even better deal.

Not only can you save money on gas, professional clothing, eating out and childcare expenses, a home based business like becoming a virtual assistant allows you to deduct many business expenses and reduce your taxable income.

Read more…