The Business Blogger » Website Design http://www.business-blogger.com Tue, 09 Sep 2008 22:33:24 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Opening a business and wondering what types of expenses I can write off? http://www.business-blogger.com/opening-a-business-and-wondering-what-types-of-expenses-i-can-write-off/ http://www.business-blogger.com/opening-a-business-and-wondering-what-types-of-expenses-i-can-write-off/#comments Sat, 28 Jun 2008 06:21:37 +0000 admin http://www.business-blogger.com/opening-a-business-and-wondering-what-types-of-expenses-i-can-write-off/ business
Ken asked:


I am opening an online business for website design. (set up as a LLC, I’m the sole owner) Should I start keeping receipts of all business related expenses? Or would my business qualify as a hobby if I don’t make a certain amount of money in the year that I’m filing.

What types of things can I write off onto my business? (dinners, gasoline, etc.) Do I need a seperate business credit card/bank account for the expenses?

Do I have to accept payments towards the business’s services through a corporate account, or can they make the check/payment directly to me?

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