tax deductions

Being self-employed can be a difficult and costly task. As a business owner, you’re responsible for all costs of your company as well as getting customers and generating income.

Luckily, the government has taken into account these hardships giving the self-employed certain tax deductions that can make their financial situation a little easier.

Self-Employment Tax Deductions

It’s Christmas, the season of giving, and that means you may be making your yearly donation to your favorite charity. Giving to charity is a great way to give back to your community and a wonderful way to make a difference for organizations you care about. But, did you know that your yearly contribution may actually be cause for a tax deduction come tax season? Here are some rules the IRS has pertaining to charitable contributions.