all of it....
Posted By: crystalmt on 2007-10-16
In Reply to: Question about taxes for statuatory employees (sm) - Not an accountant
the percentage would be for expenses shared with your household; i.e. mortage/rent, electricity, gas, etc. If you buy a computer, C-phone, or anything else for your home business, it is 100% deductible; comes right off the top of your income.
I've been IC for over 10 years, and just incorporated last year. Smartest thing I ever did.
Don't let all the paranoid posts about IC scare you. Talk to an accountant or CPA if you like, they will tell you it is a great thing to do as long as you have a professional prepare your taxes.
Complete Discussion Below:  marks the location of current message within thread
The messages you are viewing
are archived/old.
To view latest messages and participate in discussions, select
the boards given in left menu
Other related messages found in our database
|
