Question by snapinaction: Does anyone know what can be deducted on taxes on a home based business.? I have an on-location sports photography business. I only do processing in my home. Best answer: Answer by jessigirl00781Everything you use to run the company…electric, internet, square footage…etc. EVERYTHING you use for the business! Add your own answer… Continue reading Does anyone know what can be deducted on taxes on a home based business.?