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Home-Based Business Tax Mistakes?!

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workn momma
Forums Member
Joined: 20 Feb 2007
Posts: 3
#21 · Posted: 1 Mar 2007 20:58


I have just recently started my own home based business. I've been wanting to do it for years now, but my one hesitancy has been fear of being audited for some reason. My fear is not because I'm dishonest, I'm just afraid I'm going to miss something, or not be filing correctly, etc. Has anyone out there had any issues with this, or am I just being paranoid?

I mean, I'm pretty nervous about this whole thing and yet I'm doing it anyway, I feel like I'm going against my instincts, but I've read and heard of so many people doing well at online/home based business and I just have to try it for myself. Anyway, if you have any advice on things I may miss in regards to tax, or what to sit aside for taxes, that'd be great!

pcwork
Forums Member
Joined: 12 Aug 2006
Posts: 1650
#22 · Posted: 2 Mar 2007 10:24


Get a good accountant, who will explain everything to you, then you will not face any problem

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