Self Employed Tax

Being self-employed opens the gates for a lot more deductions that are only applicable if you are involved in a small business. Even though corporations have the majority of the deductions applicable to them, being self-employed puts you right under them. In comparison to an individual who is employed, the deductions that would be applicable to a self-employed individual would be a lot more. To list a few deductions that are solely in place for self-employed individuals would be: Advertising, Insurance expenses, Office expenses, Home based office expenses, Meals, and many more.