And given the high cost of healthcare, this could be a valuable way to lower your tax bill. Calculate the deduction using the Self-Employed Health Insurance Deduction Worksheet in IRS Publication 535.

Look for these 15 deductions, from home office expenses to self-employment taxes. Consult with a tax professional to ensure you don't miss any deductions for the 2023 tax year. Are you self ...

If you have a side hustle — or are full-time in business for yourself — you might qualify for self-employment tax deductions. These deductions can lower your taxable income, and save a bundle ...

Here’s a look at some of the most generous tax deductions that are available to the self-employed. The home office deduction can be one of the most generous available to self-employed individuals.