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2. 15 Self-Employment Tax Deductions You Should Know - AOL

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   Here are a few of the most common self-employment tax deductions: 1. Self-Employment Tax Deduction. If you’re self-employed, you will end up paying more Social Security and Medicare tax than an ...

3. Top Tax Deductions and Tax Credits You Should Know for 2023 - AOL

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   The IRS officially started accepting tax returns on Jan. 23, which means it's time to dust off your receipts and gather your statements. Certain expenses qualify as tax deductions that can reduce ...

4. Everything You Need To Know About Self-Employment Tax - AOL

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   The self-employment tax is comprised of two taxes: the Social Security tax and the Medicare tax. As of the tax year 2022, the Social Security tax rate is 15.3% — that’s 12.4% for Social ...

5. Reporting Self-Employment Business Income and Deductions - AOL

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   Schedule C: Consider income, expenses and vehicle information Each year, sole proprietors have the chore of preparing and filing Schedule C with their 1040 to show the IRS whether their business ...

6. What Are the Most Generous Tax Deductions for the Self-Employed?

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   One of the best things about being self-employed is that you are entitled to a whole host of tax deductions. Learn More: 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth Try It: 6 ...

7. Taxes 2023: Which Credits and Deductions Apply to You? - AOL

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   Tax credits and deductions were already confusing many of us before all of this year's substantial changes. Good Question: What Is the Standard Deduction for People Over 65 in 2023? FICO Fix: 3...