OBBBA for Self-Employed: How the New Tax Law Affects Freelancers and Sole Proprietors
The OBBBA delivers major wins for self-employed individuals — a bigger QBI deduction, permanent bonus depreciation, and expanded Section 179…
Articles tagged
taxes
62 articles
Tax Tips for Freelancers 2026: OBBBA Changes You Need to Know
The OBBBA brought major tax changes that directly benefit freelancers in 2026 — from a higher QBI deduction to permanent…
Bonus Depreciation 2026: 100% Expensing Permanently Restored by OBBBA
The OBBBA permanently restored 100% bonus depreciation, reversing the phase-down that would have dropped it to just 20% in 2026.…
Section 179 Deduction 2026: New $2.5 Million Limit Explained
The OBBBA doubled the Section 179 expensing limit to $2.5 million for 2026, with inflation-adjusted amounts reaching $2.56 million. Here's…
Small Business Tax Deductions 2026: Complete Checklist After OBBBA
The OBBBA expanded several key deductions for small businesses in 2026. From the higher QBI deduction to restored bonus depreciation,…
QBI Deduction 2026: The New 23% Rate Explained for Freelancers and Small Businesses
The OBBBA permanently increased the Qualified Business Income (QBI) deduction from 20% to 23% starting in 2026. Here's who qualifies,…
Home Office Deduction 2026: Complete Guide for Freelancers and Self-Employed
The home office deduction lets self-employed individuals deduct expenses for the business use of their home — either $5 per…
OBBBA Tax Changes 2026: Complete Guide for Small Businesses and Freelancers
The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, is the most significant tax overhaul…
From Shoeboxes of Receipts to Digital Scans: How SparkReceipt is Transforming MTD
Gone are the days of shoeboxes full of receipts and mad December rushes, so choose the right software to help…
How to Organize Receipts and Track Business Expenses for Taxes
Learn how small businesses can save, organize, and track receipts for taxes effortlessly.
How SparkReceipt Can Simplify Superannuation Fund Management for Australians
Simplify your superannuation with SparkReceipt—Australia’s easy way to keep financial records organized, compliant, and accessible anytime. Say goodbye to paper…
What are Some Lesser-Known Tax Deductions for Freelancers
You already know the basics. But there’s a hidden world of write-offs freelancers often overlook - and it’s costing you.…