Don't Miss Out on These 5 Commonly Overlooked Tax Deductions
Submitted by Neville Associates on December 27th, 2022When you own a business, you get to deduct business expenses from your business income. This general rule applies, subject to certain limitations, whether you are a sole proprietor with employees or a self-employed freelancer working in the gig economy. The Internal Revenue Service (IRS) allows you to claim tax deductions for expenses that are necessary and ordinary for your business.