#31: What Qualifies As A Business Deduction
Download MP3In this episode, we discuss what qualifies as legitimate business deductions. As a business owner, knowing what expenses you can deduct to lower your tax bill is essential.
Crammed into this 20-minute chat, we will provide various examples of deductible expenses, including some do's and don'ts. We will cover expenses such as office supplies, travel expenses, and advertising costs. But we won't stop there. We will also touch on unique expenses, such as Pitbulls and airplanes. Yes, you heard that right! We will explain how even these expenses can be deductible under certain circumstances.
Whether you're a seasoned business owner or just starting out, this episode is a must-listen for anyone looking to file their taxes confidently and maximize their deductions. Tune in now to learn more.
As promised, here's the direct link to our new YouTube Channel.
www.youtube.com/@teachingtaxflow
Episode Sponsor:
REPStracker
Crammed into this 20-minute chat, we will provide various examples of deductible expenses, including some do's and don'ts. We will cover expenses such as office supplies, travel expenses, and advertising costs. But we won't stop there. We will also touch on unique expenses, such as Pitbulls and airplanes. Yes, you heard that right! We will explain how even these expenses can be deductible under certain circumstances.
Whether you're a seasoned business owner or just starting out, this episode is a must-listen for anyone looking to file their taxes confidently and maximize their deductions. Tune in now to learn more.
As promised, here's the direct link to our new YouTube Channel.
www.youtube.com/@teachingtaxflow
Episode Sponsor:
REPStracker
