Maximizing Savings When Self-employed

have quite a few self-employed clients, and for several years now the retirement-savings plan of choice has been a solo 401(k) plan - also referred to as a self-employed 401(k), or a solo-k. Meaning, a 401(k) plan that just has one participant, or possibly two if both members of a married couple participate. 

Business Expenses for the Self-employed

Whether it's a full-time business or just some freelance work that you do occasionally alongside your day job, being self-employed usually means you'll run up some expenses over the course of the year. The good news is, those business expenses can save you a bundle in taxes. Here's a quick checklist of some common, and perfectly allowable, business expense deductions.

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