For taxpayers who’ve turned to gig work this year it’s critical to understand the income tax responsibilities for gig workers.
Gig Workers: Know your Tax Responsibilities
Tag: expense deduction
What Type of Expenses can you Write Off?
If you read the Internal Revenue Code (and you probably don’t want to!), you may be surprised to find that most business deductions aren’t specifically listed. It doesn’t explicitly state that you can write off office supplies and certain other expenses.