Newday new blog vol. 5

In today's ever-evolving work landscape, the rise of home-based businesses has become a defining trend. Beyond the convenience and flexibility they offer, there's another compelling reason to consider starting a home-based business: the potential for significant tax benefits. In this blog, we'll explore the various ways a home-based business can contribute to your financial well-being by leveraging the tax advantages it brings. Home Office Deduction: One of the most notable tax benefits for home-based businesses is the home office deduction. If you use a portion of your home exclusively for business activities, you can deduct related expenses such as utilities,...