Are You Taking Advantage of All These Tax Deductions?
July 9, 2018 408 views
A Collection of Web Pages About Small Business Tax Deductions
You’ll find a selection of hand-picked articles, and resources, written by a variety of authors included in this post to give you a solid overview regarding business tax deductions, but first, a few brief points to consider.
Tax deductions are expenses used in a business that you need you to need to make money. The IRS deduct these expenses from your profits and because you only pay taxes on your profits, tax deductions result in fewer taxes paid.
You have sales of 15,000 dollars this month, and your profit is 4,000 dollars. You’ll pay taxes on the 4,000 dollars not the 15,000 dollars.
If it cost you 1,800 dollars in advertising and fulfillment cost to make the 4,000 dollar profit, then that 1,800 dollar expense is a tax deduction. Therefore, with the above example, you only have a 2,200 dollar profit and would pay taxes on 2,200 dollars rather than the 4,000 dollars
How many tax deductions are you missing? There is a long list of legitimate tax write-offs the IRS entitles you to use. You need to know what they are and take advantage of them.
This post contains a selection of articles related to tax deductions. Have a look at each to get an overview of the write-offs you can use for your business.
Sections Included In This Post:
Small Business Tax Deductions
Small Business Tax Deductions Checklist
List of Small Business Tax Deductions
Red Flag Business Tax Deductions
The Latest About Business Tax Deductions
Books Related To Business Tax Deductions
Courses Related To Business Tax Deductions
Tweets Related To Business Tax Deductions
Videos Related To Business Tax Deductions
If you find this post useful, please share it or bookmark it for future use.
Disclaimer: The publisher and author are NOT liable for any damages or losses associated with the information contained on this website.
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.