There are numerous expenses that self employed taxpayers can claim on their tax returns. Some of these include supplies, office, postage, advertising, legal & professional, rent, and auto. Here's a link that breaks down expenses by different types of self employment:
Another good reference is the IRS Small Business website. Here is the link for it:
https://www.irs.gov/businesses/small-businesses-self-employed
Receipts are generally required for record-keeping purposes. If audited, you may need to produce the receipts and/or business bank statements showing the activity of the business.
There are numerous expenses that self employed taxpayers can claim on their tax returns. Some of these include supplies, office, postage, advertising, legal & professional, rent, and auto. Here's a link that breaks down expenses by different types of self employment:
Another good reference is the IRS Small Business website. Here is the link for it:
https://www.irs.gov/businesses/small-businesses-self-employed
Receipts are generally required for record-keeping purposes. If audited, you may need to produce the receipts and/or business bank statements showing the activity of the business.