I have been thinking about starting my own home business. I do not plan to quit my day job. The plan is to create an LLC. It might be quite awhile before I make any money. I just read that if you have a home business some items, home office, business related travel and education, computers, etc. are tax deductible. My question is does the business have to make a certain abount of money to qualify for this deduction? And do these deductions still apply to an LLC?
- posted
16 years ago