Deductions For Freelancers

Having an extra income stream is great, but actually keeping that money is even better!

Deborah Ng has a list of the Top 20 Tax Deductions For Freelancers. Some are obvious, and I was already saving the receipts. Others were news to me! Some examples are:

Business trip expenses: Cell phone bills, planes, restaurants, hotels, mileage
Meals or drinks with colleagues or interview subjects

Postage and mailing supplies
Membership for writing and other professional organizations
Health care
Advertising: brochures, business cards, flyers, etc.
Bank fees
Web domain registrations and hosting fees

Full list here.

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