One of the home business fields that is growing is blogging, and a work from home blogger may be surprised what kinds of tax deductions he or she might get. This includes such items as a Web cam (if you do video blogging) or the percentage of your Internet payment that would go to your online business. Tax Girl recently wrote a great article for Problogger about the 46 tax deductions that bloggers often overlook. Many of these even apply to other work from home business areas.

The caveat: make sure that you are, in fact, using many of the items solely for business. In the case of services and things like housing payments, figure the percentage of the service that you use for work, and that is what is tax deductible. A good accountant or tax attorney can help you figure out exactly what you are allowed to take.