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Tax question????

Are all home based business start up costs and monthly fees tax deductible?

 
Anonymous

Asked by Anonymous at 6:05 AM on Jun. 22, 2011 in Money & Work

This question is closed.
Answers (3)
  • I would think they are a business expenses, so yes.
    whitepeppers

    Answer by whitepeppers at 6:11 AM on Jun. 22, 2011

  • usually that's considered self employed. Check with the IRS and see what they allow for deductions on business so you can start keeping the books, receipts etc.
    Cenedra64

    Answer by Cenedra64 at 6:48 AM on Jun. 22, 2011

  • YES. Starter kits, supplies, advertising, postage, mileage....
    But what kind of business is charging you a monthly fee?
    You should not have to pay out of pocket to remain a member or stay active??
    I'm hoping you are with a reputable company and you are talking about a web-hosting fee!
    PartyGalAnne

    Answer by PartyGalAnne at 11:43 PM on Jun. 22, 2011

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