Self employment taxes

Regardless of whether you are a sole proprietor or the owner of a corporation, you must file taxes. Most people have the typical deductions down. Business owners can deduct their mileage and other auto expenses, office rental, employee wages, and contract labor. But did you know there are a plethora of other things that you may be able to deduct on your taxes? Keep reading to learn about some surprising tax déductions.

Advertising- Any money spent on branding, business cards, signage, advertisements in newspapers or magazines, etc. are fully deductible. This even includes the little candies you give away at your trade show booth.

Gym memberships & Pools – The costs you incur to exercise can be deductible if your … Read more →

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