Has anyone had the experience of operating a home based business as a llc or inc. which is NOT mlm related?

Question by governorhorton: Has anyone had the experience of operating a home based business as a llc or inc. which is NOT mlm related? I am looking to run a business out of my home (NOT a mlm type venture), but I am not sure which route is best: inc. or llc? What are the… Continue reading Has anyone had the experience of operating a home based business as a llc or inc. which is NOT mlm related?

If I don’t make any money from a home-based business,can I still write off expenses related to it on my taxes?

Question by BizInfoMan: If I don’t make any money from a home-based business,can I still write off expenses related to it on my taxes? I am asking this for a friend. Basically, when you start a home-based business you tend to incur business expenses that you are technically paying with post tax money from your… Continue reading If I don’t make any money from a home-based business,can I still write off expenses related to it on my taxes?