Small Home Business Deductions
June 30th, 2010
Question: I’ve got my taxes ready to go but I need some help. I run a small mortgage business out of my home and I used
the standard milage tax deduction, home offfice deduction, and of course some business expenses ( meals, office supplies, etc.) Do I need to include my mileage log, utility bills, and receipts of every single business expense with my tax return? Please help…Thanx!!!
Answer: NO. Just keep the receipts together and on file for at least 5 years.
Related Small Home Business Deductions Products:
Home Based Business Tax Breaks for 2009, 2010.mov
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Tags: business, DEDUCTIONS, home, small home business deductions, tax