Tax Time
We just completed our tax returns for 2009 and I just wanted to post a quick note for all the new business owners out there, MAKE SURE YOU’RE TAKING ADVANTAGE OF ALL THE BUSINESS TAX WRITE OFFS THAT ARE AVAILABLE TO YOU!!! This is one of the major benefits to owning your own business! For example, you may be able to write off a portion of your household expenses such as utilities, insurance, mortgage interest, property taxes, etc. if you have a room in your home that is used on a regular basis, solely for business. Take the time to review the deductions that you can take advantage of in your region.
