Comments on: Save Money on Taxes by Deducting Your Office Expenses

By: Malaysian Career 2010 | 2011 - Setting an Office Up for Freelance Work

Malaysian Career 2010 | 2011 - Setting an Office Up for Freelance Work — Tue, 23 Nov 2010 09:38:58 +0000

[...] you are self-employed you can write things such as your stationary, your envelopes, and your stamps off your taxes. You need a place that you can put all these receipts and keep them well organized. It is not a fun [...]

By: Click Enter » Blog Archive » Be Guided & Get Inspired: 45 Must-Read Resources for Freelancers

Thu, 11 Nov 2010 02:16:50 +0000

[...] 4. Save Money on Taxes by Deducting Your Office Expenses [...]

By: Be Guided & Get Inspired: 45 Must-Read Resources for Freelancers | Programming Blog

Fri, 05 Nov 2010 19:40:04 +0000

[...] 4. Save Money on Taxes by Deducting Your Office Expenses [...]

By: Be Guided & Get Inspired: 45 Must-Read Resources for Freelancers | Free Web Design Tucson

Thu, 04 Nov 2010 13:56:08 +0000

[...] 4. Save Money on Taxes by Deducting Your Office Expenses [...]

By: Ellen S.

Ellen S. — Tue, 08 Jun 2010 16:02:30 +0000

I think most people would agree that saving money is something “easier said than done”. Personally, I believe it’s a mind-set that needs to be developed by creating good money-saving habits.

Here are some things I’ve done to help change my spending habits:

– Cook more at home ( Eating out is very expensive especially
if you do it a couple times a week
– Try shopping online ( You can find better deals than in the
store and you save on gas (I recommend HYPERLINK
“http://www.shoptivity.com” http://www.shoptivity.com)
– Pay the full balance on credit cards each month ( Interest
charge is like giving away free money
– Don’t forget to pay yourself ( Set up an online savings
account (they pay higher interest than a normal savings
account)
– Set a budget and goals ( It’s good to have your goals
written down so you see them everyday and don’t lose focus
on your ultimate objectives

Again, saving money requires a lot of patience and hard work. However, you’ll thank yourself later on in life. Good luck everyone!! =)

By: translator jobs

translator jobs — Sat, 11 Oct 2008 03:47:38 +0000

The down side to being a freelancer is that one must keep track of one’s own books. This requires a lot of self discipline in order to fulfill tax requirements, time management and health and retirement factors. Another disadvantage is that it may be difficult to maintain a steady stream of work. A freelancer is responsible for finding and winning projects. Sometimes, convincing a client to hire a particular freelancer can be a job in itself.

There are many websites that offer to connect clients with a freelancer. These services often have many freelancers who bid on particular projects that clients post. Other services simply post projects and allow freelancers to submit a resume and samples of previous work. A freelancer often can find projects through word of mouth, from a former employer, or from classified ads in print as well as on the web.

By: Melek

Melek — Fri, 10 Oct 2008 21:36:22 +0000

you can also write off things like shelving, desks etc that you use for your office. if you have a housekeeping service, you can write off the portion that is used for your home office (ie – if your office is 100sf and your home is 1000sf, then you can write off 10% of the cleaning service). i also write off electric (1/10th), and other various things like exterminating services.

By: Susie

Susie — Fri, 10 Oct 2008 14:54:43 +0000

A lot of very useful information up above! Does anyone know how it works if you are actually employed by a company and work out of your home? Dabbling in a bit of freelance at the same time?

Thanks

By: Dainis Graveris

Dainis Graveris — Fri, 10 Oct 2008 11:01:31 +0000

Nice tips..can’t agree more.

By: Susan

Susan — Fri, 10 Oct 2008 04:26:45 +0000

Wow, this is a great list. Something I need, since this will be the first year I’ll need to report my ‘self-employment’ income.