CVCC Small Business Center: Business Expenses and Business Use of Your Home with the IRS 10-22-2019

Which items can you deduct to reduce your tax expense?  How should you handle capital expenses?  This seminar identifies expenses that businesses can deduct from their taxes, how much of these expenses can be deducted, and how to differentiate between capital and deductible expenses.  In addition the seminar reviews IRS publication 587 on the business use of your home and helps you determine how much of a deduction can be taken for a home business.