A list of self-employed tax deduction for independent contractors

The tax deduction list for self-employed professionals

Being self-employed comes with benefits and drawbacks. For many, taxation is one of the latter, but it doesn’t have to be. There are various ways to achieve the much-sought tax deductions that any independent contractor wishes for. Freelancers, startup businesses and SMBs can proceed to job-related expenses deduction. Those expenses should be necessary and relevant to your field of business. To mention …

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secured small business loans: Are they for you?

Are Secured Small Business Loans for You?

Growing your business often means dealing with the business challenge of finding a way to tap into additional capital, which you may not necessarily have in your bank account. Since money trees aren’t real, the next best option to planting one is to seek out some type of business loan. A secured business loan is one type …

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Financial planning and budgeting tips for freelancers

As we have previously mentioned, being a freelancer entails several benefits but taking huge leaps of faith, as well. One of the risks commonly encountered is financial insecurity; either this means lacking a budgeting plan or collecting payments from customers. It is not easy to figure out early on how to budget your money and even save for retirement as a …

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