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Understand deductions to maximize on tax savings

Jamie Herzlich

Newsday columnist Jamie Herzlich Jamie Herzlich

Herzlich writes the Small Business column in Newsday.

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Looking to maximize tax deductions for your home-based business?

Entrepreneurs who work from home are entitled to certain deductions that other small businesses cannot take. The key is understanding the full breadth of your deductions so you're not missing out on any tax savings, say experts.

"You have to redouble your efforts looking for deductions," says Rudy Lewis, president of the...

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