In construction?
August 30, 2018 by OSYB Staff
If you are either a construction worker or a contractor, Intuit Small Business shares a list of common expenses and tax deductions that construction workers or contractors should be aware of:
- Transportation expenses
- Advertising
- Business insurance
- Contract labor
- Health Insurance deductions
- Legal/professional services
- Meals for travel and entertainment
- Self-Employed Contributions Act (SECA) Tax Deduction
- Supplies and equipment
- Taxes/Licenses
- Wages
As always, contact your tax practitioner for personalized professional advice.
Read more: List of Common Expenses and Tax Deductions for Construction Workers and Contractors
Credit Image: Deposit Photos
Category: Small Business
