- Office space in your home (calculated as a percentage, in square feet, of your whole house). This percentage is then used to determine what percent of property taxes, insurance, and mortgage payment you can deduct as a business expense.
- Computer(s)
- Research Material
- Part of your utility expenses
- Internet expenses
- Travel Expenses to Conferences
- Website Expenses
- Services Purchased (such as website design or hosting)
- Software
- Medical insurance
Sunday, January 10, 2010
Common Tax Deductions for the Freelance Writer
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1 comment:
It is a good post to gain some knowledge about the common tax deductions. If the person is traveling for the purpose to get a business, he will be exempted to pay the amount as travel expenses in home base tax deductions.
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