Work From Home - Why You Should Start a Home Business During a Recession

Are you still excited about starting your own business?

I hope so, because there are many advantages to having your own work from home business.

From the independence of working for yourself to making better income than you may currently make, there are many reasons that starting a home-based business might be right for you. One consideration that you might not have taken into account is the tax advantages that you will enjoy with a business run out of your home.

Many think you can only deduct expenses that are obvious business expenses. Don't underestimate the amount of things you will get to deduct from your tax bill once you've set it up.

Here are some of the things you can immediately deduct:

• Gas and oil
• Parking and garage fees
• Depreciation and repairs
• License and registration fees
• Leasing payments and insurance
• Tolls
• Hotel bills
• Food
• Taxicab fares
• Phone calls
• Dry cleaning
• Medical
• Motor vehicle (mileage)
• Credit (in case of bad debts)
• Disaster
• Theft
• Office supplies and equipment purchases
• Office rent, property taxes
• and much more depending on your business

Just imagine as things start getting tighter because of this economy you actually live much richer from your work from home business.

This is possible and many are realizing that government will not save us if we don't try to save ourselves. Don't be like the banking industry waiting for a bailout...

Be the bailout for your family now by starting your own home business. It can be done with the right guidance.

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