Home Business Expenses

Home Business Expenses

2023

16 February 2023

5 Things Newlyweds Should Know About Filing Joint Taxes

Joint tax returns aren't the most exciting part of being a newlywed, but they are one of the most practical. As you start out your married life, you now have the choice to file jointly with your spouse. What should you know about this option? Here are a few key points for every newly married couple. 1. Joint Filing Isn't Mandatory First of all, you and your spouse have the choice to file a joint tax return.

About Me

Home Business Expenses

About two years ago, I started a home based business. I sell items I create exclusively online. While I love my new job, I’m not very knowledgeable about business practices. When I visited my accountant in order to file my taxes last year, I discovered all of the business expenses I should have documented. Now, I keep a detailed spreadsheet of expenses such as printer ink, paper, utilities, and home owner’s insurance. Whenever I purchase something new for my business, I immediately input how much I paid for it into my spreadsheet. On this blog, you will discover various home business expenses you can deduct on your federal and state income tax forms.

2023 Home Business Expenses