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Tax Tips for Home Business Entrepreneurs
January 3, 2009 by Isabel Isidro · 2 Comments
It’s start of the year, and it’s time to prepare your taxes for the past year. Bernard B. Kamoroff, C.P.A., author of the book “422 Tax Deductions for Businesses and Self Employed Individuals” (8th edition) offers a number of tips to help you save on your taxes:
Tax Tip 1. Your business expenses are deductible even [...]
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Ebay Sellers: IRS Wants You to Declare Your Income
November 16, 2008 by Isabel Isidro · 1 Comment
In an effort to narrow the tax gap, IRS has been going after eBay and other auction sites for years. The IRS estimates that unpaid taxes from individuals, as opposed to big corporations, account for more than 70% of the tax gap.
And within that group, the self-employed are considered the biggest offenders comprising roughly one-third [...]
Isabel Isidro is the co-founder of PowerHomeBiz.com. A mom of three boys, avid vintage postcard collector, frustrated scrapbooker, she also manages Women Home Business and Learning from Big Boys.
