Travel Deduction If you travel away
Apply the percentageof business use to this total to calculate the vehicle use deduction. . OfficeSupplies Deduction You may need office supplies to get your work done. You candeduct the cost of paper toner pens and other office supplies you purchase ifyou use them for your contract work. . Health Insurance Deduction As anindependent contractor you may be able to deduct your health insurancepremiums. Your self-employed health insurance deduction could be reduced ordisallowed if you participate in another health insurance plan such as with aspouse or another employer.Dues Deduction As acontractor you may join a networking group or civic organization to expand yourbusiness. If you have a business purpose for attending your dues may betax-deductible. . from Thailand Phone Numbers 55 Million Listhome for businessyour transportation and lodging expenses may be deductible. For incidentalcosts like tips you could write off your actual or stick with the IRS allowanceof $ per day. .
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Meals Deduction Ifyou take a client to lunch or buy dinner while traveling for business you canwrite off % of your meal costs. Meals must be reasonable in cost and have abusiness purpose to be deductible. . Advertising Deduction You can deduct themoney spent to advertise your business. Such costs may include physical advertisingsuch as billboards or magazines. Digital advertising like Facebook ads is alsodeductible. Even your website and the money you pay to keep it maintained canbe deducted.
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