Are You Considering a Home Business to Afford Caregiving? Here are tax tips.
Have you considered a home business so you can afford to stay home to care for your Alzheimer’s family member? Perhaps you already have one. Are you knowledgeable about home business taxes?
Jean Murray, at Small Business Boomers, has a great post with information and resources concerning what the IRS (Internal Revenue Service in the US) considers a true business. You might like to check out her, Boomers Retiring to “Fun” Businesses: Is birdwatching a business?
She mentions some of the criteria the IRS uses to determine whether you’re entitled to deduct your losses from the business you’re operating or starting up.
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(c)2008 Mary Emma Allen
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POSTED IN: Alzheimer's/Caregivers, Alzheimer's/Financial, Alzheimer's/Inspiration-Encouragment, Alzheimer's/Legal Matters
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Aug 17, 2008 at 11:00 pm
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