Tax deductions?

[amagab]

I just started a sole proprietorship and am wondering what kind of business expenses I can deduct when I file my income tax?

Can anyone provide me with list of expenses that can be deducted?

Or is there a place I can find more information about business expenses and tax deductions for sole proprietorships in Hawaii?

Thanks!

[Miulang]

Re: Tax deductions?

Why the heck did you start up a small business without doing that research first? Do not pass go; go immediately to the Small Business Administration website and start there. You don't want to get too far into your business without knowing what your tax liability is, or you could end up losing everything.

Miulang

[amagab]

Re: Tax deductions?

Mahalo! Fortunately, I won't start generating sales until mid August.