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Archive for the ‘Other - Taxes’ Category

December 26th, 2009 - 4:03 am § in Other - Taxes

Can I start a home based business, not get a business license and not pay taxes?

shimshim asked: I read that if you dont get a business license and you run an at home based business and your neighbors dont complain about your work, its unlikey the IRS will find out and make you pay a fee as well as put your business on hold until its done. Now, in the [...][...]

March 10th, 2009 - 3:09 am § in Other - Taxes

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

moneyreligion asked: Does a business, home-based or not, need to have any sort of income to get the tax deduction advantages? Help me be less accounting challenged.Website Chat [...]