Feb 04 2008

Doing up my taxes

Published by Kim at 2:21 pm under crafts, work

As you all know last year I started a small home crafting business. I did pretty good for just starting out and I did end up by the end of the year having a few sales. But because I did have a few sales, I now need to file income tax for this type of business. The good thing about having a home business is the fact that you can claim all sorts of deductions. So this year I will be claiming deductions on my home office space, my Internet service (advertising) and my office supplies such as ink pens. Because I have never had a home business before, this year I will go to a professional to get my taxes filed. Always better to be safe than sorry in these matters.

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