Maximizing Your Home Office Deduction
Working from home is awesome. The commute is short, you don’t have people dropping in to chit chat and depending on the day you may not even have to shower. Technology has also made it increasingly easy for the self-employed and employees to work from home. And yes, since you asked, you can even deduct some of the costs of working at home, but it’s a little complicated. Today I want to explain how the home office deduction works, how you can calculate it and how you can avoid some common pitfalls associated with this deduction.
How to Save for Retirement in Your Small Business
When you start your own business, no one else can tell you how to do what you do, and that’s a great feeling. But on the other hand, no one is looking out for you, especially when it comes to savings and retirement planning. You’re on your own, but fortunately, there are some great, simplified, tax-deferred vehicles designed specifically for small businesses. This week, I’d like to highlight some of the options.
7 Tasks for Start Your Business Right
Have you ever dreamed of owning your own business? It’s a fantastic adventure, full of extreme highs and lows. But for me, it’s worth the emotional rollercoaster. How else can I obtain the freedom to create my own future, fulfill a purpose aligned with my values and master the craft of my choosing?
5 Reasons Why I Love Being a Business Owner
by Tim Hale, Hale Financial Solutions
It’s been almost two years since I started Hale Financial Solutions. What an incredible journey I’ve had as a business owner! Owning a business certainly comes with its challenges, but there are some incredible benefits as well. You might liken it to Charles Dickens’ token phrase from A Tale of Two Cities: “It was the best of times, it was the worst of times.”
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