Tag Archive: travel expenses
Many people feel that starting up their own home based business would be difficult. They think that a home based business cannot possibly provide a stable, full-time income. This piece is meant to provide information on how to run a winning home business enterprise.
If your home business enterprise requires that you drive during work hours, make sure the mileage is tracked and collect your gas receipts. These travel expenses, even if they are only for a day trip, are considered to be 100% deductible. It is a good idea to keep track of the reason for the trip, in case you ever need to prove it was work related.
You must have a professional office set up in your home with all the equipment and supplies needed, when running a home-based business. This may seem like a minor thing, but having an organized home office goes a long way …