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Entrepreneurs and taxes: How expenses are claimed on tax returns
January 24, 2022
Categories: Business, Home Office, Tax, Tax Breaks, Tax Cuts, Tax Records
While some businesses have closed since the start of the COVID-19 crisis, many new ventures have launched. Entrepreneurs have cited a number of reasons why they decided to start a business in the midst of a pandemic. For example, they had more time, wanted to take advantage of new opportunities or they needed money due to being laid off. Whatever the reason, if you’ve recently started a new business, or you’re contemplating starting one, be aware of the tax implications. As you know,