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Common Tax Expenses for Home Based Business

The following are common tax deductions for your business. Hopefully, you’ve been keeping good records of your biz income and expenses! I suggest everyone have a separate checking account for their business to help with tracking. Even if it’s not a biz checking due to high fees, just a separate personal checking account in your…

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Categorize Expenses

It’s important to keep track of both income and expenses for your business. When you stay organized from the beginning of the year, come tax time next year, you are much more prepared. I like using accounting software like Godaddy Bookkeeping or Quickbooks, but before I could afford to use those, I used spreadsheets to…

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