What are the benefits of using 1099’s?

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More Write-offs

Filing as 1099s is a great opportunity to write off ordinary & necessary business expenses that you otherwise would never be able to write off as a W2 employee.

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Mortgage & Vehicle Savings

1099s allow you to expense part of your rent or mortgage. They also allow you to expense business use of vehicle.

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Largest Deductions

1099 income also provides an opportunity to take by far the largest deduction for income-heavy business - an SEP IRA. The maximum deduction is $55,000.