Posts Tagged ‘Home Office’
Heavy Vehicle & Deductible Home Office = Major Tax Savings
You can reap major tax savings with the heavy vehicle and home-office combo. The heavy vehicle produces quick deductions. The home office that qualifies as a principal office eliminates commuting miles, and such an elimination can dramatically increase your business-use percentage of vehicles. For example, say you bought a $50,000 vehicle that you use 60…
Read MoreWorking from Home: Employer and Employee Benefits
You can imagine the benefits of working from home for employees: lounging on the couch, drinking hot chocolate, taking an afternoon nap. But most of those benefits are imaginary—and untrue. In fact, 30 percent of employees who worked from home said that the limited distractions in their home offices led to more productivity. Read more on…
Read More5 Things to Avoid When Working from Home
The amount of people deciding to work from home is increasing each year. Although there are many amazing benefits to that type of work, you need to be aware of the disadvantages. One of the most difficult things for people working from home is that your productivity and focus naturally begins to decrease. After all,…
Read More5 Questions to Ask Yourself Before Starting a Home-Based Business
Entrepreneurs who work from a home office are caught in a funny place between personal and professional responsibility. On one hand, you are at home—so you can see that there is housework to be done and errands to run and a leaky faucet to fix and appointments that need to be made during “business hours.”…
Read MoreUseful Tools to Optimize Your Home Office
Running a home based-business can be filled with challenges. Loads of paper on your desk, many passwords to keep track of, overseeing your employees at their desks, shipping products, printing, emailing, calling—there is simply so much to do. It doesn’t surprise if at the end of the day you feel exhausted from all the work.…
Read More5 Tips on Work-Life Balance for “Homepreneurs”
As a home-based entrepreneur you must be familiar with the envious musing of your friends, “You’re so lucky to be working from home! I wish I could too!” If only they knew. Balancing domestic responsibilities and a professional enterprise is no easy feat; even the most organized entrepreneurs find it difficult to manage both work…
Read MoreTax Rules for Turtle Businesses
No, this term doesn’t refer to pet stores or turtle farmers. It refers to small business owners who carry their businesses on their backs. They work from Starbucks or mobile homes. I couldn’t find any statistics on turtle businesses, but I know a number of them. From a tax perspective, what does this mean? Mobile…
Read More4 Great Tips to Anxiety-Free Taxes for Small Business Owners
For most people, tax time only comes once a year, but for small business owners and the self-employed, it rears its ugly head in the form of quarterly tax payments four times a year. And because small business owners have so many worries on their plate, thinking about and planning for taxes can be an…
Read MoreThe Home-Based Business: Basics to Consider
More than 52 percent of businesses today are home-based. Every day, people are striking out and achieving economic and creative independence by turning their skills into dollars. Garages, basements, and attics are being transformed into the corporate headquarters of the newest entrepreneurs—home-based business people. And, with technological advances in smartphones, tablets, and iPads as well…
Read MoreMake Your Home Office a Launch Pad to Success
