Tax question - Providing Service

Discussion in 'Accounting and Legal Advice' started by WesinMurphy, Feb 3, 2009.

  1. WesinMurphy

    WesinMurphy New Member

    I have my own business(2nd actually in these times) that I provide a service to people whom pay me. For Example I setup people's entertainment systems. The customer buys the equipment, I'm just the manual labor and only takes my time. Now I know I deduct my car travel and gas, but these are little expenses. Can I claim a certain amount of my Time as an expense? For another example. If I work at job #1 for $10/hour and I have to not be working at the 1st job to work my 2nd job can I claim the loss of $10/hour? Or am I just so far out in left field, I'm in another park?
     
  2. mountainmom5

    mountainmom5 Gold Member

    Have you looked at the homebusinesstaxadvantages.com site? They have some great advice for small business taxes... I think that is what it is called. If you can't get to it there, let me know and I can send a link your way for it.
     
  3. WesinMurphy

    WesinMurphy New Member

    sorry, that URL is invalid. Can you provide a better one?
     

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