What are the allowed deductible business expenses?
Some examples of allowed deductible business expenses are part of your home phone, cell phone bills, certain percentage of electric and gas bills, part of gas mileage, certain percentage of restaurant bills you spent to entertain your clients, part of hotel and air fare if you can prove that you took that trip in connection with your business, website subscription and monthly maintenance fees and any other expenses fully/partly incurred for business. These deductions will help you to increase your pay check amount , get more tax refund if you have to pay tax or getting little refund back. What will be my start up cost and monthly expenses? NepaliBusiness Dot com offers two home based businesses. They are myEcon.Net and Your Travel Business (YTB). Initial one time start up cost for myEcon.Net will be $299.00 and monthly website maintenance fees of $19.95. YTB will charge one time set up fee of $500.00 and monthly maintenance fees of $49.99.Please keep in mind , all of these expenses can
