You might have experienced a moment about a month ago when the magic of the holidays had completely disappeared but snow stubbornly remained on the ground in ugly patches — then someone mentioned the word “taxes.” Consider this agent-specific checklist your shiny silver lining.
- Saving receipts and calculating deductions is tedious, but the minutes you spend here and there staying organized throughout the year will yield worthy returns.
- Because real estate agents are almost always independent contractors, they are eligible for savings on self-employment taxes as well as the federal and state tax savings.
- Consider your eligibility for deductions in various expense categories including branding and advertising, office items, business equipment, continuing education and more.
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