Understanding the Self-Employed Health Insurance Deduction
The self-employed health insurance deduction is a tax provision that allows you, as a self-employed individual, to deduct a portion of your health insurance premiums from your taxable income. This
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What is FICA Tax?
Understanding the fundamentals of FICA (Federal Insurance Contributions Act) is crucial for every working individual. These taxes play a pivotal role in funding two of the nation’s most essential social
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Turning Misfortune Into Opportunity: How Gambling Losses Can Reduce Your Tax Burden
Tax season can be stressful for many individuals. But, what if there was a way to turn your misfortune into an opportunity to reduce your tax burden? In this article,
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Estimated Quarterly Taxes: Who Must Pay & When They’re Due
If you expect to owe $1,000 or more when filing your return, you may have to pay estimated quarterly taxes. Here's what you need to know.
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5 Tax Tips For Self -Employed Truck Drivers
Whether you're just starting out or have seen a few miles in the rearview mirror, these five tax tips for truck drivers are a must!
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Lowering Your Taxes on a 1099-MISC
If you receive a 1099-MISC, you could be subject to self-employment taxes. Check out these tips to help reduce your tax bill.
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