Self-employed people have extra costs that they have to bear as they do business. But there are numerous deductions that can soften the blow when tax season comes around. The Tax Cuts and Jobs Act ...

For example, the following strategies can lower your taxes: Ordinary and Necessary Expenses For Your Business As a self-employed tax filer, some of your expenses are considered ordinary and necessary.

If you are self-employed, that deadline also applies to 1099 forms. Here are some of the most common tax forms you may need to gather. Note that if you have a working spouse and you’re filing ...

The general rule is that any ordinary and reasonable expense that is paid while conducting a business activity is deductible in the year that it was paid. Look for these 15 deductions, from home ...

Michelle is a credit expert, freelance writer and founder of CreditWriter.com. She has over 20 years of experience writing and speaking about credit and money, and focuses on helping families and ...

Are you among the many Americans who switched to contractor work or started a side hustle last year? Now it's tax time, and you are unsure if you are doing things the right way. Although every ...

One of the best things about being self-employed is that you are entitled to a whole host of tax deductions. Learn More: 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth Try It ...