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self employed tax deduction tips

Self-Employment Deductions: Top 5 Tips

Last Updated: February 3, 2025 Navigating the maze of self-employment deductions can feel like an overwhelming task for entrepreneurs and freelancers. From understanding the standard self-employment deduction to maximizing your self-employed expenses deduction, there’s a lot to keep track of. Fortunately, with the help of technology, deduction trackers or deduction apps can significantly simplify this process, ensuring you capture all deductions for self-employed individuals. Whether you’re trying to decide is it better to deduct gas or mileage using the standard mileage deduction rate, or you’re curious about the nuances of

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