Do you need a business license to open a computer repair service in NYC even if it is a home based business?

Question by MsNaTTyLoCs38: Do you need a business license to open a computer repair service in NYC even if it is a home based business? I ask this question because I am headed to small claims court, and one of the pieces of evidence to support my claim is that this person has no business… Continue reading Do you need a business license to open a computer repair service in NYC even if it is a home based business?

Q&A: Can I claim tax deductions even if my home-based business didn’t make a penny?

Question by moneyreligion: Can I claim tax deductions even if my home-based business didn’t make a penny? Does a business, home-based or not, need to have any sort of income to get the tax deduction advantages? Best answer: Answer by onerandomchanceTechnically you can still claim the expenses incurred to operate your business but if you… Continue reading Q&A: Can I claim tax deductions even if my home-based business didn’t make a penny?