freelance taxes

Out of context: Reply #18

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  • nthkl0

    Write offs are key. All electronics, hardware, office space (Square footage of your home), auto usage for meetings, entertainment, research, food/meetings... It's best to get a tax id for your business, LLC's in nevada are super cheap to llc's in ca.

    You want to bring your overall taxable income down as low as possible.

    First year I freelanced I owed about 20k. Lately, they owe me. Took 10 years to learn about write offs.

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