Today TaxMama hears from Lori in Illinois who’s puzzled “You helped me last year to identify business expenses related to my business.
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Thanks! But you also recommended opening a PO box and I cannot remember the reason for that?
Good question. Why should you have a PO Box or mail service address for your business?
Because you’re working at home. That’s a very vulnerable place to be.
Whether you’re a man or woman; living alone or with family – it’s not the best idea to give out your home address to the world in general.
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Using a PO Box shields you. And it’s inexpensive.
Of course, if you need a street address so your business doesn’t look like a fly-by-night organization, use a mail box service – like Mail Boxes Etc, etc….That gives you a street address – and people who can actually accept and hold packages and deliveries for you that the USPS won’t hold.
Good luck on your business.
And remember, you can find answers to all kinds of questions about running a business and other tax issues, free. Where? Where else? At TaxMama.com[Note: If you were subscribed to the e-mailed TaxQuips, you’d be getting other exciting news and tips by e-mail, that never appear on the site. Please click on the subscribe link and join us.]
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