Being self-employed comes with a lot of freedom, but it also means dealing with taxes. The good news is that there are plenty of tax deductions that can help you save money. Let's break down some of the most common ones. First up, retirement savings. Just because you're self-employed doesn't mean y
In 2026, if you use your personal car for work, you might notice a small change in your tax deductions. The IRS has decided to increase the standard mileage rate for business use to 72. 5 cents per mile. This is a 2. 5 cent increase from the previous year. The change is based on data analysis and in
Tax time can be confusing, especially when it comes to figuring out what counts as a business expense. Two experts from Wisconsin, Rick Kutch and Mark Leeder, share some key points to help business owners stay on track. First, let's talk about meals. Many people think any meal eaten during work hou
