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Home Based Business: Your Ultimate Tax Shelter

Starting and operating your own home based business is the ultimate tax shelter.Although this article has been written from a Canadian income tax perspective, the principles should be practical in other tax jurisdictions.1. Non-Deductible Personal Living ExpensesAll of us have expenses that we incur in everyday living.Either you rent an apartment or house or you own your residence. Utilities, insurance, rent, mortgage interest, property taxes, and maintena...

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Bookmarked By: 1. Jeannie Nunez, 2. Rashida Murrell, 3. Latosha Mcvey,


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Royal Camacho - Adviser at Genebro Por. - We are working on several projects now and I think this is a great fit. Teo brought me up to speed on several new tax and legal issues, which I am working with my lawyer and accountant on now. He knew no lawyer or accountant has ever even mentioned before... he's a true genius when it comes to simplicity for organizations like mine! Highly recommended! - March 15, 2012, Royal was Teo's client

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