<p>This course will be an overview of:</p> <ul> <li>Schedule C reporting basics: entity types, independent contractor vs. employee, hobby vs. business</li> <li>Key deductions: ordinary expenses, COGS, vehicle, travel, home office, legal fees</li> <li>Section 199A QBI deduction and excess business loss rules</li> <li>OBBBA updates: R&amp;D expensing, interest expense add-back, completed contract method</li> <li>Qualified production property deduction</li> <li>Payroll and self-employment tax calculations</li> <li>Retirement plans for the self-employed: SEP, Solo 401(k), SIMPLE IRA, SECURE 2.0 changes</li> <li>Health insurance deduction and ACA premium credit</li> </ul>