Tax Deductions and Benefits for Self-employed Individuals
Are you self-employed? You are self-employed if your income arises from the conduct of trade or business and/or practice of profession. As a self-employed individual, the following are the allowable ITEMIZED Deductions from your gross income: 1. Salaries and wages 2. Rental 3. Communication Expense 4. Office Supplies 5. Travel expenses 6. Gasoline and Toll […]
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