The “$75 rule” allows business owners to deduct four common business expenses without a receipt—but only if the expenses are less than seventy-five dollars. Remember the “$75 rule?” Here are, well, the rules.
Articles: Tax Deductions
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A Simple Reason Why You Should Start Marketing
Marketing is critical for small businesses. It’s also tax deductible. Get the details here.
Small Business Tax Changes for 2023
See my list of good (and bad) small business tax changes for 2023 that all business owners should be aware of.
Is Depreciation Tax Deductible?
Is depreciation tax deductible? Which assets can and can not be depreciated? Stay informed with my comprehensive guide to depreciation.
Are Employee Health Insurance Costs Deductible for Businesses?
Want to attract and retain talent? Offer employees quality healthcare benefits and insurance options and offset the extra cost with deductions and credits. It’s a win-win.
What Business Expenses are Tax Deductible for 2023?
A deductible expense isn’t a write off. It’s an opportunity. Here’s the tax deductible business expenses for 2023
The Top 5 Common Tax Deductions Most Businesses Miss
Almost every small business owner knows that common tax deductions have tremendous value. But too often, people aren’t aware of all the small...