# @copythat on YouTube

- **Type:** Video
- **Original URL:** https://youtube.com/watch?v=TeSmIHASvUI
- **Gondola URL:** https://gondola.cc/posts/15822353-copythat-youtube
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/legacy-do/2f803f85c9f720e0ee5ab182ec1e63cd902b4524e349039f7e31419ba0beb9b1.jpg
- **Posted:** 2022-10-27T12:00:07.000+00:00

## Caption

Sean recently sat down with longtime friend and successful entrepreneur Adam Markley to talk about how freelance copywriters should approach taxes and tax deductions. As it turns out…

You can keep a LOT of money in your pocket if you understand what the government lets you write off as a “business expense.”

We’re talking potentially thousands of extra dollars YOU get to keep every year.

Watch until the end to hear them talk about:

0:00 - Introducing Adam Markley
6:32 - What’s the difference between being an employee and a contractor?
9:30 - How much should freelancers save for taxes?
13:09 - Do you need to have an official company to claim business expenses?
16:55 - What expenses can freelancers legally deduct? 
21:49 - How to keep track of business expenses without an accountant, software, etc.
25:07 - Deductible or not deductible?
25:15 - Home Office Expense Deduction
26:53 - Office Supply Deduction
27:05 - Work Meal Deduction
30:38 - Video Game Expenses (Hobby vs Profit-Seeking)
32:26 - Writing off an old laptop?
34:57 - How do copywriters and freelancers get the most out of tax deductions?
39:10 - Adam’s tips for negotiating in business and in life

We were originally going to carve out the end for just Patreon supporters, but because we get so many questions about negotiating we decided to leave it in for YOU on the YOUTUBES! 

Follow Adam on LinkedIn for more hot business-related knowledge bombs: https://www.linkedin.com/in/markleyad/

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Want a quick breakdown on how to launch a copywriting career for FREE? Go here: https://www.copythatshow.com/how-to-start-copywriting

Ready to roll up your sleeves and learn more granular, specific concepts? Sign up for our Patreon! Every week, we upload bonus videos, resources, templates, Q&As, over-the-shoulder writing sessions, and tools to help you become a better copywriter: https://www.patreon.com/thecopythatshow

Catch us live on Twitch the first Monday of every month (and usually every Wednesday) on https://www.twitch.tv/thecopythatshow

Copy That! is hosted by Alex Myatt, Rod SatterwhiteSean MacIntyre, and Lindsey Hough.

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Want to score clients and close more gigs? Watch our DEFINITIVE Guide to Selling Your Services As a Copywriter: https://www.youtube.com/watch?v=0aoR6cFM66M
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## Stats

- **Views:** 1,449
- **Likes:** 71
- **Shares:** 0
- **Comments:** 9

## Credits

These are the roles credited on Gondola. Credits may be incomplete.
A brand, account owner, or featured person is not necessarily the creator.

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| copythat | @copythat | https://gondola.cc/copythat | YouTuber |
| Nate | @n80thegr80 | https://gondola.cc/n80thegr80 | Video Editor |

## Tags

youtube, youtuber, copywriting

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