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When you started your business, you may have formed a corporation to protect your personal assets from lawsuits against your company. However, you must also operate your business like a corporation -- or risk losing the liability protection you expect to have.

No matter how long you've been in...

Generally personal expenses such as mortgage interest, real estate taxes, insurance, utilities and maintenance are not deductible as a business expense. However, if you are self-employed (small business owners, real estate professionals, contractors, etc.) and work from home, you may be eligible...