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"...the
taxes are, indeed, very heavy; and, if those
laid on by the government were the only ones we
had to pay, we might easily discharge them; but
we have many others, and much more grievous to
some of us. We are taxed twice as much by
our idleness, three times as much by our pride,
and four times as much by our folly; and from
these taxes the commissioners can not ease or
deliver us, by allowing an abatement."
The Way to Wealth, by Benjamin Franklin
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One of the great things about starting a business from home is the tremendous tax advantage they provide.
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Business expenses are the cost of carrying on a trade or business. These expenses are usually deductible if the business is operated to make a profit.
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