Jul 18 2011

Easier Business Management

Category: General,Internetadmin @ 11:44 am
SAN FRANCISCO - FEBRUARY 25:  Job seekers Ray ...

Image by Getty Images via @daylife

Keeping your people working together effectively can be a serious challenge. Sometimes, it almost feels like you can not allow anyone to leave the office if you want to be sure they all stay on the same page. However, through the use of technology, you can get your people to work together reliably. You can even make it tax deductible for yourself, and offer your people the perk of doing some work from home.

When people communicate well they do better business together. By using a system such as a Cricket Android that you supply, every member of your team can be in contact. There won’t be issues of incompatible phones or issues with payment, because you’ll be taking care of this. This is especially nice because you’ll be able to deduct the costs of the phones you issue your team from your taxes.

The best part of all about issuing your people some high-end phones is that you can pick up apps and distribute them easily. This way you can ensure that everybody has the same kind of functions available to them. So when you send a particular kind of file out in a mass email, you won’t have to worry about everyone being able use it.

Of course, your team will love how this will allow them to telecommute. One of the best perks in the corporate world is being able to work from anywhere. Never underestimate the effect this has on morale.

Enhanced by Zemanta

Tags: , ,


Jul 16 2011

Don’t Miss Deducting Your Home Office on Your Taxes

Category: Career,Generaladmin @ 3:34 pm
home/office

Image by reallyboring via Flickr

One of the most overlooked tax deductions for a person that works from home is the ability to deduct a number of home office expenses. By declaring a home office deduction on your taxes, you can reduce the amount that you owe to the IRS significantly.

If you are considering writing off your home office on your taxes, you need to make sure that you qualify for the tax deduction. Here’s a look at how you can determine if you qualify for a home office deduction.

Primary Place of Business

The home office that you are trying to deduct on your taxes must be the primary place of business. The home office must be the principle location for any managerial and organizational activities for the business. While you may conduct business outside of the home office, the majority of these business activities must take place in the home office.

Business Only Section

When trying to deduct a home office on your taxes you must make sure that space is used solely for the purpose of business and not for anything personal. While the whole room doesn’t have to be completely devoted to business, a small section needs to be a business only section where only business is conducted.

Amount Deducted

When deducting a home office you can only deduct up to the amount of money the business made. This means if you made $600 but spent $2000 on an office you can only get back $600. However, the next year you can claim the remaining amount until the $2000 is used up.

Enhanced by Zemanta

Tags: , ,