And if the IRS ever questions you, be prepared to show records of your expenses—save your receipts and show your math. 11 Tax Deductible Expenses Small Businesses Can Claim 1.

As a small business owner, you typically need ... you’ll report the amounts you’ve spent in various expense categories on your tax return. Any qualifying expense that doesn’t fit into ...

A frequent misconception among business owners is that taxes are a once-a-year obligation. In reality, tax planning requires ...

Small business ... decisions about expense timing, entity structure, and long-term tax planning. You can streamline this preparation by automatically tracking and categorizing business expenses.

This article was expert reviewed by Lisa Niser, EA, an enrolled agent and tax advisor. Deductions for expenses such as ... IRA is an easy option for small business owners, and deducting your ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Many small businesses don’t realize that they may be leaving money on the table when ...

While features vary between financial institutions, all business savings accounts share one common factor: Interest earnings must be reported on your company’s tax filings. The IRS treats interest ...