Year-End Tax-Planning and Deferred Income Tips for the Self-Employed

Author: External Author | | Categories: Accountant , Accounting , Bookkeeping , Business Consulting , Tax Preparation , Taxation Services

Freelancers and other self-employed taxpayers have several strategies available to them to help mitigate the cost of some taxes and to optimize their tax situations between current and future years. They can accelerate or defer income, and they can accelerate or defer deductions. But this means making some important decisions as the year draws to a close.

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Original Article Source Credits:   The Balance ,

Article Written By:  William Perez

Original Article Posted on:  September 18, 2020

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