What is a Tax Write-Off and Tax Deduction for Small Businesses?
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What is a Tax Write-Off and Tax Deduction for Small Businesses?
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*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.
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Recommended Video For You
If you own a small business, ever wonder what’s the difference between a tax write-off and a tax deduction?
Here are some tax deduction tips that can help you save you massive amounts of money on your taxes and stay on top of your business finances.
In this video we discuss: What is a Tax Write-Off and Tax Deduction for Small Businesses?
Watch this video until the end to avoid overpaying Uncle Sam and to start making the most out of your real estate business!
*Disclaimer: I am not a financial advisor nor am I an attorney. I am a licensed Enrolled Agent. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.
*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.
Video Rating: / 5
People are paying WAY too much in taxes because they are missing out on Tax Write-Offs.
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More than 2 million people overpay on their income taxes every year. And many are missing out on tax deductions that can LEGALLY lower their tax liability.
In today’s episode, I am going to give you the BEST explanation of tax deductions so you DON’T miss out on another tax deduction again.
Outline:
Intro: (0:00)
How Taxes Work: (1:45)
How the Standard Deduction Works: (2:40)
Types of Tax Deductions: (3:20)
What are Business Tax Deductions?: (3:40)
How Business Tax Deductions Work: (4:50)
Misconceptions about Tax Deductions: (6:19)
How to Take Business Tax Deductions (8:10)
Recap: (11:00)
