Legalities and Tax Advantages in a Home Business: The Zoning Restrictions

Every year, several thousand people develop an interest in “going into business.” Many of these people have an idea, a product or a service they hope to promote into an income producing business which they can operate from their homes. If you are one of these people, here are some practical thoughts to consider before [...]

Legalities and Tax Advantages in a Home Business: Business Deductions

Tax deductions, which were once one of the beauties of engaging in a home business, are not what they once were. To be eligible for business related deductions today, you must use that part of your home claimed EXCLUSIVELY AND REGULARLY as either the principal location of your business, or place reserved to meet patients, [...]