SAN FRANCISCO, March 22, 2016 /PRNewswire/ -- On April 18, ready or not, the Tax Man cometh. Fortunately for the 55 million self-employed professionals out there, MileIQ has published an all-in-one tax guide designed for freelancers, solopreneurs, independent contractors and small business owners who often find themselves stumped by the complexities of our tax rules.
"Without a clear understanding of taxes, you're probably losing out on thousands of dollars in deductions," said Chuck Dietrich, Co-Founder of MileIQ, a San Francisco company whose automatic mileage logging mobile application is used by over a million self-directed workers. "Many self-employed people miss out on countless deductions every year simply because they aren't aware of them—or because they neglect to keep the records necessary to support them."
Among the questions answered in the 16-chapter tax e-book:
- How do I legally organize my business?
- What operating expenses are deductible?
- What are the deductions and benefits of a home office?
- When can I deduct meals and entertainment expenses?
Tax Planning for Self-Employed Business Owners and Independent Contractors is available for purchase on Amazon or as a free download by visiting the MileIQ website.
MileIQ is a San Francisco-based company whose top-rated automatic mileage logging mobile application for Android and iOS devices is trusted by over a million self-directed workers, helping them to get a great deduction or reimbursement on their business miles. The app is available in both the Apple App Store and the Google Play Store. More information is available at www.mileiq.com. Read more tax advice for small business owners and freelancers on our blog at www.mileiq.com/blog.
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