14 Biggest Tax Write Offs for Small Businesses! [What the Top 1% Write-Off]

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14 Biggest Tax Write Offs for Small Businesses! [What the Top 1% Write-Off]

By a Trusted CPA: Find out the BIGGEST Tax Write-Offs for Small Businesses & What the Top 1% Write-Off.

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Every year, more than 2 million taxpayers overpay their income taxes. And this isn’t just pocket change. Taxpayers are overpaying by close to $1 BILLION dollars.

This could be due to poor tax planning, or because they’re missing some of the biggest business tax write-offs.

Meanwhile, the top 1% are using the tax law to their advantage to minimize their tax liability.

That’s why in this episode, I’m going to give you BIGGEST tax write-offs for small businesses.

Outline:

Intro: (0:00)
Tax Write-Offs Gone WRONG: (1:45)
What are Business Tax Write Offs?: (4:23)
Simple Business Tax Write Offs: (5:45)
Advanced Business Tax Write Offs: (13:04)
How to Take Advantage of Write-Offs: (16:45)

Relevant Uploads:
101 Tax Write-offs and Deductions: https://www.youtube.com/watch?v=xrxRW5wGRJA&list=PLfYAvlh4-VVS2CP-gByIIo0QFUoGBqEIJ&index=5
How to Write Off Your Dream Car: https://youtu.be/RlqTFM5ab5Y
How to Write Off Your Vacations & Travel Free: https://www.youtube.com/watch?v=23ldPYBjHwQ&t=
How to Write Off Home Expenses: https://www.youtube.com/watch?v=E-q9yb2nMgg&t=
Top 6 Ways to Pay Less Taxes Legally: https://www.youtube.com/watch?v=ce_VCuPXqos
LLC vs S Corp: https://youtu.be/AbrweR6hm80
Every Way to Get Small Business Grants: https://youtu.be/E8aIrNs29ck

Download the Biggest Tax Write-offs: https://lyfeaccounting.com/biggest-tax-writeoffs/

Interested in talking with someone from our team? Sign up to get notified when we are accepting new clients here: https://lyfeaccounting.com/coming-soon/

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).