Febraury 8, 2024 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…
July 9, 2023 "Wham, bam, thank you Uncle Sam!" That's what you'll be saying when you delve into the world of mileage for work. If you're a small business owner, an entrepreneur, a gig worker, or a freelancer, listen up, because we're about to hit the proverbial gas pedal on some essential mileage information that…
Last updated on January 3, 2023 Have you been thinking about starting a business? Are you self-employed? Then we're sure you came across the fact that you can deduct your business-related mileage on your tax return. Or, if this is news for you...well, it's time to celebrate! You do need to pay attention to the…