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The ultimate guide to tax deductions for the self-employed Mediafeed 5 hrs ago © FlamingoImages / iStock small business owner Filing your taxes as a W-2 employee can be overwhelming. But, when you’re self-employed, the labyrinth of paperwork and potential tax deductions creates a tax situation that’s enough to give even the most laid-back freelancer heartburn. Whether you’re filing your business taxes as a self-employed worker for the first time or the 20th, there are certain best practices that can save you thousands of dollars a year. Here, we’ll walk you through the most common and not so common tax deductions for the self-employed, and guide you through the paperwork to help you file your taxes accurately.

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