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Five Facts about the Home Office Deduction

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With technology making it easier than ever for people to operate a business out of their house, many taxpayers, entrepreneurs and small business people may be able to take a home office deduction when filing [...]

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Posted by: John Berger, January 3, 2010

Home Office Deductions

Persons who use a part of their home for business purposes may be able to claim a home office deduction if they meet certain requirements.
In order to claim a business deduction, you must use part of your home for one of the following reasons:

Exclusively and regularly as your principal place of business
Exclusively and regularly as [...]

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Posted by: Wray Rives, December 12, 2009

Tax Deductions that Small Businesses Commonly Overlook

It’s June 15th – estimated taxes are due – and Audrey Shaffer of Audrey Shaffer Enterprises is going to answer all of our pressing questions about commonly overlooked tax deductions. Read this before filing. Maybe you forgot something!
1.) What are some tax deductions that small business owners/sole-proprietors/freelancers commonly overlook?
Mileage is the first one that [...]

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Posted by: Jennifer Escalona, June 15, 2009

Comments: 1

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Outright: Simple Bookkeeping Online

Outright was created after watching a number of small businesses, like ourselves, struggle to capture all of their business deductions, often piecing together a number of different solutions. We consistently found that business owners spent too much time and effort on the least enjoyable part of running one's own business. So we built Outright. The goal is to keep it as simple as possible, helping entrepreneurs track all of their income and expenses to get their taxes done accurately.

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