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ortunately high heels nike shoes, a C corporation cannot claim this deduction.SoftwareAny software that you purchase for business use can be deducted. You will probably be required to write off over a period of time programs that are over $500 in value though. Check with IRS guidelines for further information.InsuranceThe premium you pay on your home owner's insurance is partially deductible. Any insurance that covers your business specifically can be deducted as a cost of doing business. An incurred loss not covered by insurance can be deducted fully or partially depending on its' use.Tax Preparation ExpensesYou might be able to deduct the cost of having your taxes prepared even though it may not be specifically about your home based business. Any software that you purchase to help you prepare your taxes for your business may also be deductible.Retirement AccountContributions to a self employed retirement account may also help reduce your tax liability. Inquire with a qualified specialist like a CPA to determine current laws regarding this special benefit.Educational ExpensesAny monies spent on learning skills that are specific to your home business are usually tax deductible. If you purchase a course in gift basket making for example as a precept to starting your giyilai：
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