W-2 employees don't get many deductions

Name: W-2 employees don't get many deductions
Uploaded: 2026-08-06T19:24:36.776Z
Duration: 57 s
Description: A side business lets you write off expenses and save more for retirement than a W-2 alone allows.

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Earning a W-2 wage and wondering why your tax bill feels so high? TJ explains why employees have limited write-off options compared to business owners—and hints at how a side business can open up bigger retirement contributions and deductions that a paycheck alone can't touch.

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