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Deductions Available to Home Business Owners

3721 Views 2 Replies 2 Participants Last post by  MoneyGal
I just did a series this week on the deductions available to home business owners.

Claiming Business Income And Expenses

Capital Cost Allowance (CCA)

Business-Use-Of-Home Expenses
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CF: you should probably discuss the REOP requirement in your first post. I don't think you should leave readers with the expectation that they will be able to create losses from a business and claim them against earned income indefinitely: over time, they run the risk of a review, an audit and the loss of the claimed expenses.
Oh, funny! Not a recent series by CF; just brought to the fore by spam. :)
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