*Loan,banking and credit>>>income tax

I am independent contractors doing ins. exam. Does anyone have list of deductions I can take for income taxes?

Usually a self-employed person can take:

mileage, 50% of food, travel expense (hotel), tools, books, advertising, business rent and utilites

basically anything that you spend to help you make money. If you office out of your house you can take a home office deduction. My advice is to keep ALL receipts and then sort them at the end of the year. Either use a tax consultant or Turbo Tax will help you through... Source(s): self employed and doing my own taxes forever

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