For novices and long-term business owners alike, staying on top of new advice is key. The advice included here should help you see things in a new light.
If you run a home business which requires a large amount of talk time with your clients, consider investing in a second phone line or a business-only cell phone. These phone plans will be 100% deductible as business expenses, and will also ensure that your clients will have an easier time reaching you on a dedicated line.
If any business expenses arise from having to entertain clients, you can deduct these costs out of your taxable earnings. These types of meetings you can record as business expenses. Make sure, though, that you only deduct expenses that stem from entertaining current or potential clients.
It is important to set boundaries
They are crucial for those who work at home. Everyone in your life …