Luckily, car expenses and mileage can be one of the largest tax write-offs for entrepreneurs. The IRS standard mileage rate for tax deductions is typically near 65.5 cents per mile.

Learn about the best tax write-offs for small businesses and self-employed individuals to maximize your deductions and reduce your tax liability.

1099 mortgages can be smart for self-employed borrowers like freelancers, as well as business owners who take a lot of tax write-offs For self-employed borrowers, tax returns often don't reflect ...

So you receive a 1099-K tax form this year. Here’s what to know. A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 to ...

Jacob Lund // Shutterstock 16 last-minute 1099 tax deductions for independent contractors Unlike a full-time employee whose taxes are deducted from their paycheck, if you’re an independent ...

NEXT explains that if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 tax deductions as you can take.

Luckily, car expenses and mileage can be one of the largest tax write-offs for entrepreneurs. The IRS standard mileage rate for tax deductions is typically near 65.5 cents per mile.