Paying for a home Internet connection is expensive—usually at least $50 or more per month--depending on where you live and the speed of your connection. Fortunately, if you work at home, at least part of the expense is deductible. An Internet connection fee is a deductible business expense provided
How tax savvy a businessperson you are has a great effect on how much money remains in your pocket at the end of the year. Knowing how to maximize your deductible "ordinary and necessary" business expenses lowers your taxable income, which means you pay less to the IRS at the end of the year. But watch out: the IRS scrutinizes these deductions to make sure you don't include any purely personal (nondeductible) expenses.