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Sunday, January 20, 2013 - Page updated at 07:30 p.m.Sites to help you make a home business less taxing
By CHUCK MYERS
McClatchy-Tribune News ServiceA variety of federal tax deductions can help an entrepreneur maintain and grow a home-based business.
But the rules governing home-based business deductions aren’t always easy to understand, and require good record keeping.
If you own and operate a home business, it would pay to learn all you can about home-based business tax deductions.
Here are a few places on the Web with useful information:
Bankrate.com
bankrate.com/finance/money-guides/work-from-home-deduct-your-home-office.aspx
Discusses requirements for home office deductions.
CompleteTax.com
completetax.com/taxguide/text/c60s15d370.asp
Covers range of home-office deduction topics, including qualifying for the deduction and home-office depreciations.
Financial Web
finweb.com/taxes/tax-tips-for-home-based-business-owners.html
Spotlights tax tips for home office and links to IRS forms.
Investopedia
investopedia.com/articles/pf/08/home-office-tax-deduction.asp
Serves up criteria for qualifying home-office tax deductions.
Internal Revenue Service
irs.gov/Businesses/Small-Businesses-&-Self-Employed/Home-Office-Deduction
Provides overview of rules and requirements for home office deductions.
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