[[My wife wants to quit her job and provide child care in our home. I know this will not earn the income she is currently earning but I want to learn what some of the tax advantages to working out of the home are? Can a portion of the mortgage or utility bills be deducted?]]Generally speaking, the answer is yes...at least on a percentage basis. But your wife will not only have these expenses, but many others. She is actually starting her own business. And there are a LOT of tax issues regarding having your own business.With respect to reviewing the requirements and opportunities of filing a Sch C, read IRS Publication 334 at the IRS web site. With respect to deductions dealing with child care services specifically, those issues will be discussed in much more detail in Pub 334, since there are very special rules with respect to child care providers. In addition, you'll want to read IRS Publication 587 regarding the "office in home" deduction.TMF TaxesRoyWant to learn more about taxes and investing? Then we have a deal for you!! The Motley Fool Investment Tax Guide is now available through Fool Mart. Be the first one on your block to own this masterpiece. There is still time available to do that tax planning (and tax saving) before the end of the year. So just click on this link (http://www.foolmart.com/market/product.asp?pfid=MF+013+I) to read more about this amazing collection of tax information. (Apologies for the shameless plug…but it is a pretty good book…if I do say so myself). In addition, if you would like to visit the Taxes FAQ (Frequently Asked Questions) area, click on http://www.fool.com/school/taxes/taxes.htm and you'll be right at the home page. Pay special attention to the "archives" section. Check it out. Finally, if you need to get to the IRS web site, click on http://www.irs.ustreas.gov to go directly there.