One of the best things about being self-employed is that you are entitled to a whole host of boss-less independence, flexible ...

Certain homeownership, business and healthcare deductions could significantly lower your tax bill. Here's how.

Work expenses W-2 employees can claim The ... Keep in mind that this only applies to your income tax. Self-employed individuals can also deduct 100% of health insurance premiums if they are ...

How do self-employed expenses work? If you're self-employed you'll be charged tax based on the amount of profit you've made in a tax year, but there are a number of expenses you can claim that will ...

If you are self-employed, claiming as much tax relief as possible is ... leasing and hire purchase interest payments are tax deductible. Stock – Everything you buy for re-sale or materials you use ...

When you sell your home, you may owe capital gains tax on the profit from the sale. The IRS calculates this by subtracting ...

Independent contractors can lower their tax bill by writing off business costs like travel and insurance but should consult a ...

Self-employed individuals can write off insurance for their business vehicles using a Schedule C tax form. This form includes a section for your deductible insurance expenses. However, you can only ...

The best tax software for the self-employed should be affordable and user-friendly. It should also help you find any deductions that might reduce your tax bill and make sure you complete all ...

Mileage deductions can add up to significant savings for taxpayers. Self-employed workers and business owners are eligible for the largest tax-deductible mileage rate. Mileage can be deducted for ...

One of the best things about being self-employed is that you are entitled to a whole host of boss-less independence, flexible scheduling and most importantly, tax deductions. While some overlap ...

Navigating tax season can be a rollercoaster, especially if you're self-employed or have a side gig. Determining what work expenses count as tax deductions can help you get a refund or lower your ...