Becoming a 1099 independent contractor can be extremely daunting time when you are handling your own finances. Many 1099’s don’t think about how the will handle paying estimated taxes, whether they should set up a corporation, or even what deductions they can take. In this episode of What Ted Says, I will show you 14 different deductions that a 1099 can consider taking and the best way to track that in your business. Always consult a CPA or use a major tax software before taking any final deductions.
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