30 Business Tax Write-Offs That Can Save You Up to $100K in Taxes
Expert CPA Guide to Essential Tax Deductions for Small Businesses. Schedule a Free Tax Consultation at https://mycpacoach.com/contact/ and learn how to maximize your savings.

Sherman - My CPA Coach
126.4K views • Nov 28, 2023

About this video
By A Trusted CPA: The Ultimate Guide To Tax Write-Offs for Small Businesses!
Get a Free Tax Consultation: https://mycpacoach.com/contact/
Learn How To Save Thousands Of Dollars In Taxes By Taking Advantage of Small Business Tax Deductions!
If you earn any business income, whether it's through an LLC, S-Corp, or simply through a side hustle, side gig, or as a 1099 contractor, listen up because this video will help you put some money back into your pockets.
There are over 30 million businesses in the US. And 90% of them will overpay on taxes when they file their next return.
And why is that? It’s simple. They miss some or ALL of the tax write-offs that are covered in this video.
So save this video, use it as a checklist, share it with someone who needs it, heck you might even need to share it to your accountant.
Importance of Tax Write-offs: (0:00)
#1 Writing off Home Expenses: (2:00)
#2 Avoid Self Employment Tax: (3:08)
#3 Write-off Depreciation on Assets: (4:36)
#4 Write-off 20% of Business Income: (6:24)
#5 Write-off Your Car: (7:25)
#6 Write-off A Vacation?: (8:12)
#7 Write-off Restaurant Meals: (9:00)
#8 Write-off Your Kids: (9:55)
#9 Write-off Your Employees: (10:35)
#10 Write-off Retirement Contributions: (11:16)
#11 Write-off Your Pension: (12:11)
#12 Write-off Your HEALTH Expenses: (13:00)
#13 Write-off Your Health Insurance Premiums: (13:44)
#14 Write-off Business Insurance: (14:30)
#15 Write-off Advertising: (15:00)
#16 Write-off Education Expenses: (16:05)
#17 Write-off Your Cell Phone: (17:04)
#18 Write-off Your Rent: (17:37)
#19 Augusta Strategy: (17:59)
#20 Write-off Your Utilities: (18:45)
#21 Write-off Office And Tech: (19:00)
#22 Write-off Repair Expenses: (19:45)
#23 Write-off Your Lawyer: (20:25)
#24 Write-off Your Contractors: (21:20)
#25 Write-off Your Bank Fees: (21:55)
#26 Don't Forget Merchant Fees: (22:28)
#27 Write-off Business Loan Interest: (23:05)
#28 Write-off Business Taxes: (23:45)
#29 Create Tax Write-Offs: (24:25)
#30 Section 162 Write-Offs: (25:20)
#taxdeductions #taxwriteoffs #businesstax
Want the print version of this video? Read our blog post here: https://mycpacoach.com/blog/small-business-tax-deductions/
Get a Free Tax Consultation: https://mycpacoach.com/contact/
Learn How To Save Thousands Of Dollars In Taxes By Taking Advantage of Small Business Tax Deductions!
If you earn any business income, whether it's through an LLC, S-Corp, or simply through a side hustle, side gig, or as a 1099 contractor, listen up because this video will help you put some money back into your pockets.
There are over 30 million businesses in the US. And 90% of them will overpay on taxes when they file their next return.
And why is that? It’s simple. They miss some or ALL of the tax write-offs that are covered in this video.
So save this video, use it as a checklist, share it with someone who needs it, heck you might even need to share it to your accountant.
Importance of Tax Write-offs: (0:00)
#1 Writing off Home Expenses: (2:00)
#2 Avoid Self Employment Tax: (3:08)
#3 Write-off Depreciation on Assets: (4:36)
#4 Write-off 20% of Business Income: (6:24)
#5 Write-off Your Car: (7:25)
#6 Write-off A Vacation?: (8:12)
#7 Write-off Restaurant Meals: (9:00)
#8 Write-off Your Kids: (9:55)
#9 Write-off Your Employees: (10:35)
#10 Write-off Retirement Contributions: (11:16)
#11 Write-off Your Pension: (12:11)
#12 Write-off Your HEALTH Expenses: (13:00)
#13 Write-off Your Health Insurance Premiums: (13:44)
#14 Write-off Business Insurance: (14:30)
#15 Write-off Advertising: (15:00)
#16 Write-off Education Expenses: (16:05)
#17 Write-off Your Cell Phone: (17:04)
#18 Write-off Your Rent: (17:37)
#19 Augusta Strategy: (17:59)
#20 Write-off Your Utilities: (18:45)
#21 Write-off Office And Tech: (19:00)
#22 Write-off Repair Expenses: (19:45)
#23 Write-off Your Lawyer: (20:25)
#24 Write-off Your Contractors: (21:20)
#25 Write-off Your Bank Fees: (21:55)
#26 Don't Forget Merchant Fees: (22:28)
#27 Write-off Business Loan Interest: (23:05)
#28 Write-off Business Taxes: (23:45)
#29 Create Tax Write-Offs: (24:25)
#30 Section 162 Write-Offs: (25:20)
#taxdeductions #taxwriteoffs #businesstax
Want the print version of this video? Read our blog post here: https://mycpacoach.com/blog/small-business-tax-deductions/
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Views
126.4K
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Duration
26:34
Published
Nov 28, 2023
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