Whether you've set up your own practice, or just get paid as a 1099 contractor, being independent comes with a lot of tax savings opportunities. Things you pay for are considered tax write offs, even if you also use them outside of work. Mastering the rules and using a business expense tracker can make a huge impact to your bottom line, so that you can give away less of your hard-earned income to Uncle Sam.
Whether you've set up your own practice, or just get paid as a 1099 contractor, being independent comes with a lot of tax savings opportunities. Things you pay for are considered tax write offs, even if you also use them outside of work. Mastering the rules can make a huge impact to your bottom line, so that you can give away less of your hard-earned income to Uncle Sam.
Massage therapy school, certification, and renewal fees, are continued education expenses!
Any oils, lotions, incense, or candles you've purchased for your work are tax write offs!
If you rent a studio or a room at a spa, those costs are tax deductible!
Association membership fees, such as for AMTA, are important tax deductible expenses!
Massage tables, chairs, towels and other equipment are all tax deductible expenses!
If you use your phone for work (who doesn't?) then it's partially deductible.
Your monthly phone bills are expensive! Good thing the cost is partially deductible.
Website hosting fees, plugins, stock photos, and themes are tax deductible!
If you've had to set up an LLC or have other legal fees for work, that's tax deductible.
Every dollar you spend on Facebook Ads, Google Adwords, etc. is a tax deductible expense!
If you pay for a streaming service and play music for your clients, that's a write off!
The Keeper Tax app automatically finds tax deductions among your purchases. On average, people we find write-offs worth $1,249 in the first 90 seconds.
Gas is expensive! A portion of your gas station fill ups are tax deductible.
Oil changes, repairs, and regular checkups are all tax deductible if you drive for work.
Car insurance, roadside assistance, registration costs, etc. are all tax deductible.
Parking for a meeting downtown or other work trip is tax deductible!
A toll while driving to or from a work destination is tax deductible!
If you drive you own vehicle, you can write off the annual depreciation of it's value!
A desk, chairs, lamps, and other home office necessities are all tax write offs.
Your comcast bill is a tax write off. You need internet to do your job!
Whether rental or homeowner insurance, you can write off a portion as part of home office.
Gotta keep the lights on in your home office! A portion of your electricity bill counts.
It'd be hard to work in an office without running water, huh? You water bill counts.
Whether you pay rent or own your home, a portion of those expenses are tax deductible.
If you discuss work with a coworker, client, or even a friend, it's a write off!
Planes, trains and automobiles are all work travel costs that can be written off.
When you travel for work, lodging expenses such as hotel rooms or Airbnb are write offs.
When you're traveling for work, all meals are tax deductible. Even takeout.