tax benefits of home based business
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.