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 Form 1125 Instructions 2012

2012-2025 Form

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Instructions and help about Form 1125 Instructions

I'm sure you've heard the news taxes can be tricky but don't worry we've got your back first things first gather all your income records this includes invoices bank statements and payment receipts next track all your business expenses think supplies travel and that coffee meeting with a client now add up your income and subtract your expenses congrats you've just calculated your net profit don't forget about self-employment tax it's around 15.3% of your net earning earning but good news you can deduct half of this when calculating your income tax use tax software or hire a pro to help you file both options can ensure you don't miss any deductions finally set aside money throughout the year for quarterly tax payments this way you'll avoid a Big Bill come tax time and there you have it follow these steps and you'll Breeze through tax season you've got this

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