Tax Deductions Self-Employed Workers Often Miss
If you’re self-employed, claiming all eligible deductions can significantly reduce your tax liability. Many taxpayers miss deductions simply because they don’t know they qualify.
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Commonly Missed Deductions
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Home office expenses
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Internet and phone used for business
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Mileage and travel costs
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Professional software subscriptions
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Business insurance
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Education or training related to your work
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You can review the official IRS guide for self-employed deductions here:
How To Prepare for Your Tax Appointment
Before Your Appointment
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Gather income documents (W-2, 1099, etc.)
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Bring ID and Social Security numbers
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Collect deduction receipts
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Organize business income and expenses
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During Your Appointment
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Ask questions if something is unclear
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Review your return carefully before filing
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Helpful IRS Checklist:
Small Business Recordkeeping Guide
Good recordkeeping is essential for accurate taxes and financial organization. The IRS requires businesses to keep records that support income, deductions, and credits claimed.
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Records You Should Keep
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Income statements
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Expense receipts
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Payroll records
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Bank statements
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Mileage logs
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How Long To Keep Records
The IRS generally recommends keeping tax records for at least 3 years, though some situations require longer.
