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echo: home_office
to: JEFF HORN
from: VIJA ABOLINS
date: 1997-07-17 22:17:00
subject: tax benefits

On Fri Jul 04 at 23:45, Jeff wrote to All:
JH> What are the tax benefits of having a home based business?
I can not think of a tax benefit per say for a home based business.
However, a business run from a home gives one the advantage that on good or 
bad days, weather and money wise, one has easily accessible and a cozy place 
to work in or from.
Tax wise, if one has other income then the loss from the home or small 
business, is deductible from that other income.  As a rule it gives one an 
opportunity to start a new venture without investing in rental and other 
daily offices expenses.
Each case has its own merits.
        ...Vija
--- FMail/386 1.0g
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* Origin: Kolico Communications, BANCROFT, Ontario (1:253/60.1)

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