If you've been paying for health insurance premiums and want to know whether those payments are tax deductible, you're in the right place. Here's more: ...
Self-employed individuals have their own unique opportunities at tax time. Here are some of the most generous tax deductions available to the self-employed.
Question: My son lives in Arizona and receives pension income from the Arizona Retirement System (ARS). He is 64 years old and is now single with no dependents. The ARS allows him to purchase health ...
Q: I recently started my own business as a sole proprietorship and will be filing a Schedule C with my Form 1040, accordingly. I provide a group medical insurance plan for my two employees and my ...
A sole proprietor who purchases health insurance in his individual name has established a plan providing medical care coverage with respect to his trade or business, and therefore may deduct the ...
While some overlap with those available to regular workers, self-employed individuals also have their own unique deductions. It’s important to note that the IRS definition of “self-employment” is ...
Let’s face it — tax season can be stressful. This is especially true for self-employed individuals and small business owners searching out every self-employed tax deduction and navigating other small ...
Are you self-employed and wondering how to maximize your tax deductions for the 2022 tax year? Here’s a look at 15 of the best tax write-offs you don’t want to miss: — Qualified business income. — ...
Question: I am a consultant operating as a sole proprietorship and file a Schedule C with my Form 1040, accordingly. I provide a group medical insurance plan for my employees and my family. Can I ...
One of the best things about being self-employed is that you are entitled to a whole host of boss-less independence, flexible scheduling and most importantly, tax deductions. While some overlap with ...