Remove Equipment Remove Expenses Remove Home Office Remove Phones
article thumbnail

Who’s Stuck With The Bill?

Allwork

The rise in working remotely comes with several costs, which include internet subscriptions, computers and office equipment, home office furniture, security, insurance, and software. Those costs include internet subscriptions, computers and office equipment, home office furniture, security, insurance, and software.

Expenses 317
article thumbnail

5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

Generally, the expenses involved in operating your business or side hustle can be tax-deductible. So you can’t just go on vacation or buy a new car and claim it as a deductible business expense. That way, you don’t have to worry about your grocery expenses getting mixed up with your office rent come tax time.

Filing 278
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are You Covering All Expense Bases?

Step It Up VA Coaching

As entrepreneurs/business owners, we take great care in setting rates, creating packages and tracking the hours we and our teams put in; but are our rates really paying for our expenses? Most VAs work from home offices. Also include your mobile phone plan (or a portion of it) if you use that for your business.

Expenses 100
article thumbnail

Don't Be Naive When Working From Home

On The Job

In fact, you’re so relaxed you haven’t bothered to lock the doors, you don’t hesitate to brag to everyone in the grocery store that you work from home and anyone can look in the window and see all your nice, expensive office equipment. With that attitude, working from home could become your worst nightmare.

article thumbnail

Best Business Technology for Small Businesses & Their Owners (28 ideas from them to you!)

Stephanie LH Calahan

" That is what I heard from her as we were talking on the phone.  Since I work at home (and because we're full-time RVers, always on the road), I need to be able to fax/copy/convert from anywhere. But I live and work in less than 200 square feet -- so I don't have the room for a lot of equipment.   OK! 

article thumbnail

Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

The IRS e-help desk phone number is 866-255-0654. Reimbursing Work-From-Home Expenses for Employees Remote work brings certain expenses, such as personal internet connection use, that are reimbursable by the employer. Here are the stipulations: The expense must be for a business purpose.

Payroll 52