These days, almost anyone can start a home business. The opportunities are there, and many of them do not cost a bundle to get started. The IRS is even favorable to home-business owners—and the self-employed—enabling you access to a wide range of tax deductions.
Many tax deductions for a home-based business are available. The IRS allows you to deduct nearly any expense—as long as it is directly connected to your business and the goal is to make a profit.