Re: Self employment pitfalls ?
we are a simple sole proprietership. I do all the books out of our home so i am allowed to deduct a portion of all the house bills; electric, water, etc. for having an office in my home. I don't do our year end taxes I have his aunt do them, she is a cpa. And true, you COULD get rich but the likelyhood isnt' strong. Actually more than 1/2 the home businesses started each year fail.
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