Deductions, also sometimes called tax write-offs, are eligible expenses that you can deduct on your return to lower the amount of income that gets taxed. There are many valuable self-employment ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

Working for yourself can have a lot of benefits, but taxes are generally not one of them. When self-employed, you are ...

From increased standard deductions to special write-offs for educators and self-employed individuals, understanding these ...

Those who qualify and rely on the internet to conduct business should include internet costs with Utility expenses when ...

Do you drive for business, charity or medical appointments? Here are the details regarding claiming mileage on taxes.

Schedule C is a treasure trove of tax deductions for self-employed people ... the documentation to fully substantiate your big write-offs. Revenue agents will also want to make sure that there ...

Just because you work from home doesn't mean you can deduct a home office on your taxes. Here's how to qualify for the ...

searching for write-offs and possibly paying self-employment or business taxes too, depending on your situation. However, unlike larger businesses, you might not have the budget to hire a ...

You can make tax-deductible contributions to a solo 401(k) or simplified employee pension if you’re self-employed, and you don’t need to be a full-time business owner to qualify — you can ...

Eligible self-employed individuals can now apply for a tax refund of up to $32,220 at ClaimMySETCRefund.com before the April 15, 2025 deadline. Macon Money Marketing Agency is thrilled to announce the ...