Always speak to an accountant, but...

Bobby Hartsfield wrote:
> The traveling will definitely open up more deductions for you. Things like
> regular car maintenance/repairs, mileage, gas, meals, lodging, entertainment
> can really give you a huge break when this time of year rolls around.

  As I stated in another post, I do not think that traveling to and from 
a client location that you *WORK* at is eligible for tax deductions. 
But, if you work from home.


> You said you had a 'side' business before, which I took as you having a full
> time job and doing SOME extra stuff at home during off hours. If you are
> full time for yourself now, a home office is also a huge HUGE tax break. Not
> only would you be able to deduct assets like computers, office furniture,
> printers, paper, etc... you deduct a percentage of all utilities (lights,
> phone, internet, trash pickup, etc...) Having a normal job anywhere kills
> all of the home office deductions though.

  I suspect he could have taken the home office deduction (and travel 
expenses, and plenty of other expenses) with his "side job", even if it 
was not his full time job.  For many years of my life I juggled 3 
businesses.  I'd argue that none of them were full time, yet they were 
all eligible for deductions.


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Jeffry Houser
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