By Bernard B. Kamoroff, C.P.A.
As far as the IRS is concerned, a home business is no different than any other business. But there is a difference: not only can freelancers deduct the business expenses that every business is entitled to, they can turn personal, non-deductible expenses into tax-deductible business expenses—if they are careful to follow the rules.
Check out eight great tax tips excerpted from the book Write It Off! Deduct It! by Bernard B. Kamoroff.