Why are nurses who function as ICs allowed business deductions that employed Nurses are not?
The rules for business professionals who chose to work as ICs are the same for all professionals i.e. physicians, lawyers, accountant etc. The key is not that you’re a nurse but that you are a nurse in business. Business owners, because they tend to contribute more to the economy, are allowed certain deductions to support their business growth, development, reinvestment (education), business owner benefits, proper accounting, legal assistance, insurance (protection), retirement and marketing. The allowable deductions and rules for what is normal and customary have been developed over a long history to help develop business. Your accountant and other business owners are very familiar with what expense are allowable.
