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The client has made the following changes to the job.
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The client prefers freelancers from
a different location.
I am looking to move to the US and would like advice on setting up a US company, not so much help with setting up the company, but help with knowing what I can write off as expenses for running a home business, as I work independently from home.
My business is basically consulting for Technology companies, and running virtual businesses.
Here are the details of my expenses -
Health Insurance for family of 4 - (Approximate Cost of $900 per month)
DSL - $100
Car Payments - $300
House Rental $1,500 - (How much can I write off as Office expense if I set up my office in my home).
Travel - limited, ??
What about reducing income to put into a retirement account?
Are there other things I can use to write down my income?
As this is new to me, please post to PMB with direct questions.
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