The Daily Deduction

A Handful of Deductions For Small Business Owners to Remember

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It’s tough to remember all the deductions that you’re legally allowed to claim.  Don’t miss out on the opportunity to minimize your tax liability.   The following deductions are commonly overlooked by small business owners:

On the Road 

Mileage
Travel, meals, entertainment and gifts

At Home/In the Office 

Home office

Telephone charges

Office supplies

Furniture

Other equipment

Software and subscriptions

Insurance premiums

For You and Your Employees 

Retirement contribution

Social Security


 


For detailed information on these tax deductions, please visit our tax tips and resources page.

Posted To: The Daily Deduction By: Lauryn on 3/13/2013 04:00:00 PM
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