<prompt> Human: To clarify, Im not self employed, nor do I own a business. Im an employee at a company that will not allow me to be a subcontractor. I was once told that self-incorporating in this situation isnt worth the time or effort until youre making 55k - 65k. Well, Im at the lower end of that now and this year I paid 6k in taxes after taking the standard deduction. Time to start thinking about it. At the moment my main thought is: will incorporating allow me to make enough deductions to make this worth the trouble? I just bought a home and a car, and travel an hour each way to work. The IRS standard mileage rate for 2014 is .55mile, and I drive 29 miles each way to work, 4 days a week. Just on that alone Id have a deduction of 6755. Im not sure about what other things can be deductions ... home renovations? I cant write off medical insurance because my employer covers those, etc.I tried doing some searches about what things I can write off but I must not be using the right search terms because all the results Im getting are for people who are self-employed andor run some kind of business. Im having a hard time finding info on this specific situation. Any assistance is appreciated :  <response>: Dont take this harshly but you are all over the map here. There are some partially true things here but this kind of thing is pretty sophisticated planning. First, if you are an employee, theres no need to incorporate. As an employee there may be things you can do with a home office to create tax deductions for your commute and some of your home expenses. But you would need CPA help to structure that properly and the facts would have to support the deduction. Additionally the deductions for unreimbursed business expenses are subject to the 2 AGI limitation.Second, if you are an independent contractor but only work for one company, 90 of the time you are in fact an employee and you are being treated incorrectly for tax purposes. You could incorporate see 3 but theres a risk that it could all be unwound by the IRS. As another poster has noted, once you are self-employed, even if you are generating some tax deductions, you now have expenses for employment taxes and benefits that we previously paid by the company. Third, if you are an independent contractor with your own business and work for multiple clients, then incorporation can start to make sense typically as an s-corp. 