Pioneer Accounting Group

View Original

Start-Up Cheat-Sheet: 10 Tax Deductions You Must Know

Print and share this handy-dandy printable tax deduction cheat sheet for tax season. Pioneer Accounting Group wants to make sure your business never pays more than it has to.

Do you own a small business? Are you self employed? Regardless of the size of your business, you need a tax deduction cheat sheet.

Business expenses can have a huge impact on the success of a business. Reduce your taxable income and claim all the tax deductions you can qualify for. It’s one of the best ways to stay profitable.

Our small business tax deduction cheat sheet makes it simple. Click the links below to find details on the different tax deductions you can take depending on your unique setup.

Then download and email this tax write off cheat sheet to your bookkeeper or accountant. Working through the list together will give you the best opportunity to save money on taxes.

  1. Home Office Space

  2. Startup Expenses (before your business even launches)

  3. Repairs & Maintenance

  4. Business Insurance

  5. Advertising & Marketing

  6. Employee Salaries

  7. Charity Donations

  8. Bad Debt

  9. Transportation

  10. Entertainment


List taken from the incredible blog: https://www.uschamber.com/co/run/finance/small-business-tax-deductions.


See this content in the original post

Pioneer Accounting Group is all about inspiring and motivating positive changes to your business. However, consult your own accountant or tax professional for individual advise before making any business decision.

Learn more about our top-notch accounting services and how we help your business thrive, here.