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While it may seem hard to believe, tax season is right around the corner. While you aren’t legally required to file your taxes until April 15, 2021, it never hurts to prepare all your documents and forms early. Waiting until the last minute can cause a ton of stress and some unwanted headaches, so here’s everything you need to get together to help you file your tax return with no stress at all.
Tax season for the self-employed can seem like a yearly struggle, considering that taxes aren’t automatically taken out of your paycheck every time you get paid. But with some proper preparation, filing your self-employment taxes can be a breeze. In fact, you may even qualify for some federally sponsored deductions that can drastically lower your tax bill.