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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. Tax Deductions for Small Businesses - AOL

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   The IRS allows business owners, including self-employed freelancers and independent contractors, who utilize a home office for their business to deduct certain expenses that go into furnishing and ...

4. Top 15 tax deductions for the self-employed - AOL

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   The new tax law retains most self-employment deductions and offers a few new forms of relief – even if you don't have billions of dollars. Top 15 tax deductions for the self-employed Skip to ...

5. 20 valuable small-business tax deductions - AOL

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   Bankrate insight. A marketing business owner travels across the U.S. to meet clients. In 2023, they traveled 5,000 miles in total. They can deduct $3,275 ($0.655 for 2023 standard mileage rate x ...

6. 13 Tax Deductions You Can Take Without Itemizing - AOL

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   To help soften the blow, the IRS allows business owners to deduct the employer portion of the self-employment tax as an above-the-line deduction. Health Insurance Premiums for the Self-Employed

7. Most-Overlooked Tax Breaks and Deductions for the Self-Employed

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   The success of your business is in your hands when you're self-employed, so you need to take advantage of whatever assistance is available. ... SEE ALSO: Best States for Low Taxes: 50 States ...