Making the decision to become self-employed is a big milestone. While this milestone can come with a lot of benefits like increased freedom, it also comes with a number of responsibilities. One of those responsibilities is paying self-employment taxes. As an employee, you obviously still have to file your taxes every.
If you want to get as much money back as possible when you file your tax return, you need to take advantage of all the tax credits that are available to you. Since there are plenty of tax credits that many people don’t know about, we want to use this post.
No one wants to pay more taxes than they’re required to pay. And if you qualify for a tax refund, you want to get the maximum refund that’s available to you. Thinking about the best way to accomplish both of those goals should be the main influence on how you decide.
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