02 \\ 5 Tax Deductions Small Business Owners Overlook (Save More This Year)
- Author
- Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
- Published
- Sun 25 Sep 2022
- Episode Link
- https://smallbusinessfinance.podbean.com/e/02-top-5-tax-deductions-for-entrepreneurs/
Want to pay less in taxes? In this episode, Tiffany shares five key tax deductions and tax savings strategies that most small business owners overlook. Learn how to take the home office deduction correctly, why paying your kids for legitimate work is a smart tax strategy, and how to deduct self-employed health insurance. We also cover startup and organizational costs you may be forgetting and the IRS rule for “ordinary and necessary” business expenses. These tips will help you reduce small business tax liability, avoid leaving money on the table, and take control of your business finances.
Next Steps:
💰Pay Less in Taxes – Start Here! 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
📧 Contact Me --> [email protected]
📲 Follow me on IG @ the.tiffany.p.cpa
