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Virtual Tax School: Maximizing Schedule C Deductions

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Join Ryan Hubbs, Solution Architect at Wolters Kluwer Tax & Accounting, as he shares practical examples on how to maximize your clients' tax refunds with typical Schedule C tax deductions using TaxWise® Online. Topics Include: • Strategies to maximize your client’s tax refund with typical Schedule C deductions • Maximizing the Qualified Business Income Deduction (QBI) • Should I deduct the mileage or the actual expenses on a vehicle used in a business? • Reporting home office deductions • Practical Examples in a 1040 Individual Tax Return

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