15 Biggest Tax Write Offs for Small Businesses! [Best Tax Deductions 2024]

Thank you so much. Good information!

I am a Beauty Consultant am I able to write of my hair and nail grooming
Thank you

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The flashing green thing is too annoying, cannot watch.

I’m very like this video. Thank for this.

Would childcare costs fall under necessary business expenses if needed in order to operate your business?

great video!

How would they know if it’s personal or not?

can you still write off a portion of home expenses if you used a virtual address to set up an LLC?

Excellent!

Thinking about starting my own business I’ve watch three of your videos now and I had to subscribe.. keep up the good work bro knowledge is key and on behalf of all business or future business owners thank you

How about if i didn’t make any sales and had losses? 🤔

This is amazing!

Can you write off your rent payments if you use your apartment, or a portion of your apartment to operate your business

were a LLC where on tax form schedule c do i put the 20% deduction?

Yes as a business owner what does the person doing my taxes need from me? A 1099?

Awesome info...could you go in depth on Home and Car writeoffs?

How do you claim a new vehicle that is bank financed

What if i made no money but i filed an llc i still need to file taxes bug can i deduct anything?

Great information, first year doing taxes as a s corp and this info is very helpful, thank you!

Thank you 🙏

Honestly this is the BEST video I’ve seen on tax deductions. Thank you for making this simple and easy to understand. Taking lots of notes.

Thank you .

Thanks for the video. Easy to follow and full of great information. I subscribed.

This is great. Thanks for making it. It's like LLC taxes for dummies.

-1st yr LLC owner

What is the extra 29% for?

Thank you for your extremely informative content. I have a question about health and wellness . Is it possible to write off the fitness related equipment purchased from my home office. I thank you in advance for the answer, it’s greatly appreciated.

You got to be careful. If your losing money every year, your going to get audited.
Also, if you use all the deductions you can get, your taxable income will be low. Means you don’t make very much a year(according to your taxes). So it will be harder to buy a house or get a loan.

Do you need to be profitable as a business to take advantage of tax breaks? Say you’re just starting off on a small business or your business is more useful as a tax break than specifically a money maker?

Thank you for this info. How do you write off employees overseas (without a SS)? Is there a path to justify necessary expenses associated with your cost of goods?

Are business related courses tax deductible?

do the expenses have to be paid from the business account?

Eye opener!

It’s about time to MMBGA !

You are truly heaven sent! So much knowledge! Thank you so much!

What about office furniture? I’ve been using second hand stuff for the last few years. Now that I’m making more, I’m so ready to furnish my office with new stuff I can afford now. Is office furnishing tax deductible?

Brother this was an excellent video

Can I hire you as my accountant?

We are in need of your knowledge & wisdom in this matter! Please contact us asap!

Great information, I am curious. What is the best way to find a good business accountant? and how exspensive do they typically run? Thanks

what tax software do you recommend , thank you .

So would my fee to my CPA be deductible as a business expense?

Thank you a Very educational video here. I just took a financial literacy course, can I get tax deduction? I have a LLC for online small business.

Thanks Sean! What a wealth of information!!! Best video ever.

I need an accountant that knows this info so they can help me with a tax plan and do my taxes. How do I find someone?

Great info. First time opening a home based business here. I am already making some income but if at the end of the year, I decided that the business is not worth keeping, will I be able to write off the start up cost or do I have to continue the business for years? Thanks.

Great video thank you!

If moving to a new state and starting a business can I deduct moving expenses?