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Tax question - Providing Service

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WesinMurphy
Forums Member
Joined: 3 Feb 2009
Posts: 2
#1 · Posted: 3 Feb 2009 23:29


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?

mountainmom5
Gold Member
Joined: 30 Aug 2007
Posts: 3099
#2 · Posted: 7 Feb 2009 15:28


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.

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WesinMurphy
Forums Member
Joined: 3 Feb 2009
Posts: 2
#3 · Posted: 9 Feb 2009 00:40


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

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