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Company Board Today's Top Viewed: Who has Canadian accounts now?.. (Views: 43)

Y'all may be confusing IC with employee deductions - An IC who does own taxes

Posted: Dec 24th, 2017 - 8:33 am In Reply to: Some Tax - Preparers

An IC may deduct business expenses. An employee may deduct only certain expenses and subject to a limitation. The deduction for employees may have been eliminated under the new tax plan.

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