As a business owner, you may be eligible to deduct repair and maintenance expenses you incur in the course of operating your business.
All state and federal employer payroll taxes will generally deductible on your Schedule C. Here's what you should know about payroll tax deductions.
Training courses and classes to further your professional career may be eligible for deductions as tuition, related course materials, as well as travel.
Everything you need to know about tax form 1099s and the major differences. As a business, it's important to issue these properly. Read more here.
Understanding what amortization is can help you with deductions, based on the industry you are in. Read more here.
The IRS will consider an activity a hobby if you are not trying to make a profit. It's important to understand the difference between the two types of gigs.
Interest expenses you incur as an artist may be tax deductible. This includes your studio and any other expenses your business may have.
The list below covers a handful of deductions that generally will not be allowed or eligible. To view this list click here.
In order to be eligible for the foreign earned income credit, you must meet certain requirements. Read what those requirements are here.
Contributing to your retirement plan as a self-employed professional opens up additional tax credits and benefits. Learn about the 'Savers Credit' by clicking here!
