Question by Calvin: I had no 2007 income to claim for my self-empl business, can I still claim writeoffs from my home office? Basically, I got a job workin’ “for da man” but I still want to keep my options open for keeping my self employed / home based consulting business. It would be nice… Continue reading I had no 2007 income to claim for my self-empl business, can I still claim writeoffs from my home office?
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Can I claim expenses on my taxes on a home business that is not a licensed business?
Question by Linda: Can I claim expenses on my taxes on a home business that is not a licensed business? I started a home based photography business this year but I have not filed any paperwork, such as DBA, LLC or sole proprietor. Can I still claim income and expenses on my taxes? Best answer:… Continue reading Can I claim expenses on my taxes on a home business that is not a licensed business?