Start preparing now to save money next tax season by accounting for these tax-deductible business expenses.
Many small business owners aren’t aware, but they’re often eligible for lots of different tax deductions from the government.
Sure, most entrepreneurs know to deduct expenses like employee salaries and benefits, the cost of goods sold, and rent. But there are some more unusual opportunities for small business owners, too.
It can be difficult to figure out exactly which deductions you qualify for—especially if you don’t keep meticulous records or set aside time to pore over your expenses—but any tax deduction you don’t take advantage of is just money left on the table.
So, when tax season comes knocking, refer to this list of eight little-known tax deductions you should be aware of—and save money for your small business…
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