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Schedule C Is Just a List of Categories. Your Expense Tracker Should Match It.Schedule C (Profit or Loss from Business) is the IRS form self-employed people use to report business income and deduct business expenses. Every legitimate business expense you track and categorize correctly reduces your taxable income dollar for dollar. Every expense you miss or miscategorize is money you overpay in taxes.The fix is simple: track expenses in Schedule...

The Quarterly Tax Bill That Surprises Nobody Who Planned for ItSelf-employment taxes are not complicated. They feel complicated because nobody withholds them for you — which means the responsibility of calculating, reserving, and paying them falls entirely on you, four times a year. Miss a payment or underpay and you owe a penalty. Overpay and you've given the IRS an interest-free loan.The fix is simple: know your number. Here's how...