{"id":32013,"date":"2023-09-23T09:56:59","date_gmt":"2023-09-23T13:56:59","guid":{"rendered":"https:\/\/www.moneysmartguides.com\/?p=32013"},"modified":"2023-09-26T10:02:58","modified_gmt":"2023-09-26T14:02:58","slug":"self-employed-tax-deductions-the-basics-about-10-essential-ones","status":"publish","type":"post","link":"https:\/\/www.moneysmartguides.com\/self-employed-tax-deductions-the-basics-about-10-essential-ones","title":{"rendered":"Self-Employed Tax Deductions: The Basics About 10 Essential Ones"},"content":{"rendered":"

Self-employed people like their independence and ability to work when and where they want.<\/p>\n\n\n\n

But it would be best if you got smart about self-employed tax deductions.<\/p>\n\n\n\n

A self-employed person runs a business. <\/p>\n\n\n\n

You are responsible for your income and taxes instead of a company that gives you a paycheck.<\/p>\n\n\n\n

The pressure to generate revenue and grow your business is on you.<\/p>\n\n\n\n

At the same time, you must pay federal, state, and local taxes. Knowing how to lower the overall tax bill can increase your income.\u00a0<\/p>\n\n\n\n

Below are ten essential tax deductions that self-employed people need to know<\/a>.<\/p>\n\n\n\n

If you don’t take advantage of these, you may be paying more taxes than you should.<\/p>\n\n\n\n

Of course, you should check with a certified accountant or tax advisor.<\/p>\n\n\n\n

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Table of Contents<\/p>\n