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Tax Tips for Freelancers: Getting Organized

Top 9 Confusing Business Deductions - Business Opportunities Weblog

Deductible Business Expenses

# Accounting fees
# Advertising
# Bank charges
# Commissions and sales expenses
# Consultation expenses
# Continuing professional education
# Contract labor
# Credit and collection fees
# Delivery charges
# Dues and subscriptions
# Employee benefit programs
# Equipment rentals
# Factory expenses
# Insurance
# Interest paid
# Internet subscriptions, domain names, and hosting
# Laundry
# Legal fees
# Licenses
# Maintenance and repairs
# Office expenses and supplies
# Pension and profit-sharing plans
# Postage
# Print and copy
# Professional development and training
# Professional fees
# Promotion
# Rent
# Salaries, wages, and other compensation
# Security
# Small tools and equipment
# Software
# Supplies
# Taxes
# Telephone
# Trade discounts
# Travel
# Utilities

It's not a promise, it's a guess - (37signals)

This post from 37 signals provides a nice understanding of estimates.

The 4 reasons freelancers go solo

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