Generally, this deduction is only available to self-employed people ... you may have a different tax-filing checklist. If you bought medical insurance policies for yourself or your family on ...
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 ...
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 ...
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.
The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...
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 ...