The Home Office Deduction

If you work out of your house you should take advantage of the home office deduction, especially if you are an independent contractor. The home office deduction is available to homeowners and renters. there are two basic requirements you must meet to use this deduction: The space in your home must be used regularly and exclusively
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Deducting Travel, Meals, And Entertainment Expenses

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Travel, Meals, and Entertainment If you are an independent contractor you can deduct expenses for travel, meals, and entertainment. These expenses are deducted on Schedule C. They might seem straight forward, but the IRS has a lot rules for these expenses. Here is a chart from the IRS website that lists what expenses are deductible: Meals
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Tax Deductions for Car and Truck Expenses

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Line 9 on Schedule C Car and truck expenses are one of the most common deductions for people who are paid as a contractor. It is also one that can get you in trouble if you get audited. There are two ways to deduct car and truck expenses and you have to pick one. ***NO
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