Home offices have become commonplace.
As a freelancer, are you tracking your expenses for possible tax deductions?
- Home heating
- Electricity
- Water
- Rent/mortgage
- Office repairs
- Cell phone bills
Every item you purchase for your job should be documented:
- Computers, video cameras, steno machine, paper, pens, envelopes, postage stamps, exhibit stickers, any additional office supplies, etcetera.
Talk to your accountant to see if your expenses qualify.
- Set aside 30% of your income for quarterly tax payments!
Don’t stress at tax time, be prepared with good recordkeeping to make the process a breeze and ensure you’re getting the most out of your freelance business.
eCourt Reporters is a proponent of individual freelance businesses.
- Are you registered to receive deposition service assignments directly by law firms?
- Get paid your worth at eCourt Reporters, Inc., with a free profile listing to grow your business!
