Regular business expenses aside, there are also several other things you can deduct when the tax man comes around. Some of these are often overlooked, but can save you a lot of money. Below you will find some of the more unusual deductions you may be able to claim when tax time comes around.
If you’ve been considering leaving the rat race in order to work from home, starting a home based business may be one of the top items on your mind these days. Starting a home based business, or becoming a freelancer, might be a way for you to spend more time with your family, save money [...]
Fortunately, there are several tax deductions you can make when the tax man comes around. Just make sure that you save all the necessary receipts and invoices and double check your deductions with your accountant. Here are some of the most obvious tax deductions for bloggers:
If you are considering staying home, finances are likely a concern and you may even think your family can’t make it without your income. However, if you really want to stay home, take time to do some calculations and you may find that you can afford to stay home with your child.
Switching to full-time freelance work is an inviting option for some people who prefer the flexibility of working from home on their own schedule. A successful freelancer has 2 key characteristics – discipline and resilience. Having mentioned that, self-discipline is an important quality an effective freelancer must embrace in two major areas – time and finance management.
Fortunately, however, the inception of the Internet has allowed more people to profit from their hobbies more easily than ever. So, if you’re serious about making money from your articles creations –either a side or full time income– then stop making excuses and read on for concrete ways to get started.