… And other independent contractors! If you’re a blogger, freelance writer, or work from home at all, you’re most likely consider an independent contractor by the IRS. Unfortunately, things can get pretty hairy around tax season if you’re not prepared. They stick a “self employed” tax on you that can be hefty. That’s why it’s super important to keep track of your money. Keep your receipts for anything and everything. Get tax forms from everyone who paid you. And keep a sharp eye out for those write-offs! This infographic by uTDu has a great list of tax write-offs for anyone who is self employed:
-Keep track of receipts for anything that you bought for business purposes, including trips, dining, gas, computers, and home office equipment.
-You can write off your computer and phone for 5 years
-Interest paid on business loans or student loans can be written off
It’s never happened to me personally (knock on wood!), but I imagine that being notified that you’re going to be audited is one of the scariest things that can happen to you. Most people are upfront and honest about their taxes to avoid this very thing. In fact, the reason that most audits happen is NOT being shady with your income- it’s making mistakes on your tax forms. Check out this post by
People miss out on tons of money during tax season, simply because they don’t know how to take advantage of beneficial tax deductions that they qualify for. If you still haven’t filed this year and are looking to get more money back on your tax refund (or to lower the amount you have to pay in), check out this post by 
