If you are new to filing taxes as a home business owner or as an individual earning self-employment income, undoubtedly you have questions. Perhaps you wonder whether or not you should deduct the portion of your home you use for business (are the rumors true about this deduction increasing an audit!?). Maybe you want to know how writing off your vehicle works or if you can deduct your health insurance premiums. Here are answers to five of the most frequently asked questions concerning self-employment deductions.
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Source: About.com
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