THE SUNLIGHT TAX BLOG:

Tax and Money Education for Creative People, Freelancers and Solopreneurs

Don't Forget These Deductions: Parking and Tolls

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Today, I’m chatting about another commonly missed tax deduction for self-employed individuals: parking and tolls. I’m diving into how tolls and parking should be tracked separately and added to the car expense category on tax schedules so you can get the deduction you deserve.

Join me in this episode to get some practical tips on how to easily track your parking and toll expenses for this upcoming tax season. 

Listen and Subscribe Here

Today, I’m chatting about another commonly missed tax deduction for self-employed individuals: parking and tolls. I’m diving into how tolls and parking should be tracked separately and added to the car expense category on tax schedules so you can get the deduction you deserve.

 

Join me in this episode to get some practical tips on how to easily track your parking and toll expenses for this upcoming tax season. 

 

Also mentioned in today’s episode: 

  • Tracking parking and tolls separately from mileage 2:26

  • Methods for tracking car expenses 2:44

  • Practical tips for maximizing your deductions 4:30

 

If you enjoyed this episode, please rate, review and share it! 

Links:

Sunlight episode on tracking mileage deduction 

Save your seat for the free class, Make Taxes Easier and Stash an Extra $152k in Your Savings

Watch YouTube video version

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Don't Forget These Deductions: Cell Phone and Internet

Listen and Subscribe Here

Today, I’m chatting about a commonly missed tax deduction for entrepreneurs: cell phone and internet expenses. I’m going over why these deductions are missed and how you can utilize them to get the most out of your tax return this year. 

Join me in this episode to learn how to calculate a reasonable business percentage for these mixed-use expenses so you can maximize your allowable deductions and keep more of your hard-earned money. 

Listen and Subscribe Here

Today, I’m chatting about a commonly missed tax deduction for entrepreneurs: cell phone and internet expenses. I’m going over why these deductions are missed and how you can utilize them to get the most out of your tax return this year. 

 

Join me in this episode to learn how to calculate a reasonable business percentage for these mixed-use expenses so you can maximize your allowable deductions and keep more of your hard-earned money. 

 

Also mentioned in today’s episode: 

  • Calculating business percentage for cell phone expenses 2:54

  • Internet usage and business deductions 5:50

  • Tracking and documenting your personal expenses 8:28

 

If you enjoyed this episode, please rate, review and share it! 

Links: 

Save your seat for the free class, Make Taxes Easier and Stash an Extra $152k in Your Savings

Check out my program, Money Bootcamp.

Watch YouTube video version.

Read More

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