It goes without saying that you don’t want to mess with the IRS, but you also want to ensure you are taking every legal deduction you can. Here are few write-offs business owners and entrepreneurs sometimes forget:
- Home Office
- Office Supplies
- Furniture
- Mileage /Vehicle
- Software
- Subscriptions
- Equipment
- Travel
- Meals
- Entertainment
- Insurance
- Retirement Contributions
- Social Security
- Phone Charges
- Donations
Here are some other tips to survive the tax season. (more…)