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Re:I don’t want to grow my freelance design studio into an a... by csomar on Wednesday September 06, 2023 @02:07AM (#37401799)
It means you are not "expensing" or deducting everything possible. Technically, yes, your only expenses are a laptop. But a good account will find way more: home office, legible meals or travels, investments, etc.. This should reduce your tax bill. You should never pay over 10% total, otherwise you are not maxing the system.

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