Self Employed Tax Deductions List

March 12th, 2009

Question: I am a salon owner and I am wondering if there is a list of Tax Deductions out there specific to my industry?

The salon is an LLC yet it is just me that is the owner. Therefore, I believe I would have to file a 1040 as a self-employed individual. All the stylists booth rent so I have no employees, I lease the space my salon is in, and of course I have overhead such as retail products and supplies.

Answer: My suggestion is to contact your local assocation for your industry and find an accountant who works with salons

Good Luck!

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