| Self-employed individuals always cringe at the amount | | | | that allows you to maximize the write-offs. |
| of taxes the pay to the IRS and state. Here are tax | | | | The number one tax strategy for self-employed |
| strategies for self-employed individuals that reduce | | | | individuals is to keep receipts for every business |
| those tax amounts. | | | | expense and write them off. Practically anything can |
| Tax Strategies | | | | be deducted, so do it. Acceptable expenses include |
| The good news is being self-employed is one of the | | | | cell phone usage, business mileage, office supplies, |
| best tax strategies out there. Unlike a salaried | | | | home office deductions including part of mortgage or |
| employee, the full scope of tax credits and deductions | | | | rent and so on. If you've filed a tax return while |
| available in the tax code are now available to you. The | | | | self-employed, you are probably already aware of this |
| key, of course, is understanding the available | | | | so lets move on to more specific tax strategies for |
| deductions and organizing your business in a manner | | | | self-employed individuals. |