Tag Archives: Expense

Tax Deductibles for Internet Marketers

April 29, 2011 – 11:43 am

Just like any group of freelancers or workers who run their own businesses, one of the advantages of being an internet marketer is that there are quite a number of expenses and deductions that you can claim when it comes to filling in your tax return. There are of course a number of items specific to your particular business that you will be able to claim and these should be discussed with your accountant. But there are certain areas that every one who works freelance and online will equally be able to claim as a legitimate part of their … Read more at 2009 Taxes

By Steve | Posted in tax credits, tax deductions, tax forms, Tax Law, Tax Preparation, TurboTax | Also tagged Accounting, Business, Deductible, Financial Services, Internal Revenue Service, Small business, tax, Tax deduction, TurboTax | Comments (1)

Common Tax Deductions That Are Overlooked For Small Businesses

March 2, 2011 – 11:11 pm

Having a successful tax season involves proper planning throughout the year to maximize on the deductions that relate directly to your business and its income level.

Starting up Expenses

Capital expenses are one of the expenses that are constantly overlooked when looking for ways to reduce your tax expenses. They usually include marketing, overheads and other related expenses needed to start off your business. You can only deduct them for the first five years after your business opens and cash starts flowing into the business.

Education and training expenses

These are some of the other expenses that most businesses … Read more at 2009 Taxes

By Steve | Posted in tax deductions, Tax Preparation, Tax Relief, tax returns, TurboTax | Also tagged Accounting, Business, Internal Revenue Service, Small business, tax, tax credit, Tax deduction, turbo tax | Comments (3)

5 Tax Write-offs for Freelancers

January 14, 2011 – 2:21 pm

2010 is officially over, and you know what that means–it’s almost time to prepare your taxes (cue groaning.) Tax preparation can be a daunting task, especially if you plan to do it yourself. And for freelancers or self-employed individuals, there may be even more confusion. Luckily, there is a lot of information available online today to help us all through the process. Terms likes 1099s, Schedule SE, Schedule C, Schedule C-EZ, will be words you soon become familiar with, if you aren’t already.

Below are 5 great tax write-off opportunities for freelancers and the self-employed. It’s important to be … Read more at 2009 Taxes

By Steve | Posted in tax credits, tax deductions, tax forms, Tax Law, Tax Preparation | Also tagged Federal Insurance Contributions Act tax, freelance business, Freelancer, freelancing, health insurance, Insurance, Internal Revenue Service, IRS tax forms, New York City, PayPal, prepare your taxes, tax, tax help, taxes, turbo tax, Write-off | Comments (6)

2008 Free Tax Return Filing

November 9, 2009 – 3:58 pm

2008 Free Tax Return Filing

If you are in search of an online service that still provides a way for you to file your 2008 taxes before the end of the year, Free Tax USA is the solution you have been looking for. Although e-filing of tax returns for 2008 ended on October 15, 2009, you can still prepare your tax return online for free and mail in your completed forms. Something you may not have know until now. FreeTaxUSA is one of the few online providers that helps individuals complete their taxes online for past years that they … Read more at 2009 Taxes