Those of us who are working from home on at least a part time basis will need to get our tax papers in order very soon. The end of the year is very close!
I've got my PayPal records downloaded except for this month. That will be downloaded in the first week of January because that's the earliest it will be available for the whole month of December. My next step is to look over those records along with my bank records, which are downloaded, and put all business related income and expenses on new spreadsheets.
I've got some receipts gathered already that may help offset any taxes due this coming year. I really think I didn't spend enough on business, though, and that I'll probably wind up owing money. My tax preparer will be able to tell me that. Still, there are a few days left and I might be able to make a purchase that will help.
For instance, peripherals that I use in my business can be written off, but adjustable beds for sleeping on cannot, even though the rest I get from them helps me work more efficiently.
The places online where I earn money will send me 1099 forms, so I'll know how much I actually made with them.
