- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self employed
Hello @vd5 ,
Here is a great resource that describes many of the expenses that are considered tax deductions by the IRS. There is little difference between applicable expenses and deductions for an S-Corp or a sole proprietorship.
https://turbotax.intuit.com/tax-tips/small-business-taxes/taking-business-tax-deductions/L5RueYPVS
The one other thing you may want to consider as an S-Corp is paying for employee health benefits and/or retirement benefits.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎October 27, 2021
12:00 PM