Kevin has a regular job; but, he also runs a small business selling sports memorabilia.
Though he enjoys owning his own business, he has begun to pay more taxes because of it.
Sometimes, the tax debt is more than he can immediately pay.
Kevin is worried that he may have to close the business or end up deep in debt to the IRS.
Claiming Tax Relief - Deductions Even if your business isn't a large corporation, you may still be eligible for tax relief in the form of deductions.
Reducing your tax liability may not be as difficult as one might think.
Your home - if you use an area of your home for conducting business, you may be qualified for tax relief.
However, there are criteria that must be followed:

• The area is mostly used as your place of business
• You meet clients in the area
• Even if it's not attached, the area is part of your home.
  Home repair costs may entitle you to tax relief, as well as part of your rent if you don't own your home.
  

Lodging fees and transportation - if you drive, fly, or take a cab to meet your clients, tax relief may be possible.

• Hotel expenses
• Taxicab fares
• Gas for your vehicle
• Repairs for your vehicle
• Parking expenses
• Long-distance phone calls, or part of your overall phone bill
• Business meals

Consultant and legal fees - If you retain a lawyer and/or have an accountant specifically for your business, some of the cost may be deducted for tax relief.