I work full time as an employee. Part time I do multi-level network marketing. What should I track for tax deductions and how does it fit in with my full time employment. Electronic equipment? Office? Car ? Gifts, product expenses. What is allowed and not allowed.
Your full time employment is separate and does not offer you any deductions for work related expenses.
You are able to deduct expenses against the other income earned provided it was spent for business purposes, nothing personal. Assets used such as a electronic equipment can be written off using wear and tear to depreciate them over different periods.
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