Keep More of Your Self Employed Money

How to Keep More of Your Money

Whether it’s the end of the year or the beginning, you can always take steps to be prepared for tax time. This video covers 15 tax write-offs for businesses and self-employed individuals that will help you to keep more of your money. After all, if you are self-employed, you are a business.

Of course, you might only be a freelancer or an independent contractor part of the gig economy. Well, you are essentially in the early phases of being a business such as an LLC and S-Corp. Therefore you can benefit from many of the same tax benefits that companies benefit from. So be sure to watch this video to see if you have any of these tax write off or deductions. And using software such as Quickbooks or FreshBooks will help you manage all of your expenses, including write-offs.

Check out the Investopedia article here.

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