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Independent Contractor Income Tax

New Law Creates Income Tax Cut for Independent Contractors

While the merits and drawbacks of the Tax Cuts and Jobs Act are subject to constant debate on cable news networks and at water coolers around the country, experts from both sides of the political aisle agree the bill was designed to create significant tax cuts for corporations and wealthy individuals. However, if you look closer, the law also contains potentially valuable tax cuts for independent contractors and the self-employed.

Keep reading to learn how you could potentially save big or even increase your refund this tax season if you’ll be filing as an independent contractor or a self-employed individual. Read more