Hello @MtnMatt congratulations on your self-employment!
Depreciation is one deduction that frequently gets overlooked. Large expenses for equipment, property, etc. need to be depreciated over the useful life of the item.
Start up costs need to be amortized but up to $5,000 can be expensed in the first year if they qualify.
Helpful Links:
What self-employed expenses can I deduct?
Taking Business Tax Deductions
20 Tax Deductions for Self-Employed People
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