Demonstrate what types of expenses are available

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Question: Etsy store selling homemade soaps assume they are set up as a sole proprietor filing a schedule C on the Form 1040 -

Research available business expenses available to the Etsy store. Prepare a summary report that you would present to the business owner regarding what to expect when filing their taxes for year one, once the business is operational. Utilize the RIA Checkpoint software to demonstrate what types of expenses are available and any tax credits they may need to be aware of as they prepare to start the business.

Reference no: EM133265487

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