Leveraging Business Write-offs for 1099 Contractors

Tax Free Living - A podcast by Karlton Dennis

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As a 1099 Contractor you are a BUSINESS OWNER.    Therefore, you have much more tax codes to leverage than a W-2 employee.    As a contractor you need to make sure that you are providing proof of purchase and something that shows that it is/was being used for business purposes.    That may be a lot of work, but by doing this you are able to write-off business expenses up to 100%! (This next year business meals will be 100% deductible, save your receipts!)   For more tax tips check out my channel and follow me on social media @karltondennis