When you’re self-employed, you likely want to find as many tax deductions as possible. While everyone else is waiting for a refund, you’re probably thinking about all of the money you’re going to have to pay the IRS, even if you estimated your taxes and paid quarterly.
There’s plenty to keep up with throughout the year including your mileage log if relevant, your receipts and any other information that you might be able to use for your deductions come tax time.
When you’re self-employed you’re shouldering the burden of certain costs you wouldn’t have if you worked for an employer. You’re also constantly grinding to make sure you’re generating income,and it can be tough all around.…Continue reading