By skyforbes 
Whether you identify as a practitioner, coach, agency, solopreneur, consultant, small or medium-sized business owner, it can be challenging to find a comprehensive list of applicable business tax deductions!
As an Enrolled Agent licensed by the IRS, with 14+ years of specialization in small business tax strategy, I think every business deserves access to good business tax deduction information. Because I know that good business tax deduction education can easily make the difference in you paying thousands of more dollars in taxes every year that could instead be used to re-invest more into your business or compensate yourself better.
So today I’m sharing a list of 90+ business tax deductions for small and medium-sized business owners. Many of the deductions on this comprehensive checklist are often overlooked or not talked about, and I’m up for changing that!
List of Small Business Tax Deductions:
- 1099 subcontractors
- Accounting & bookkeeping services
- Affiliate fees
- Bank fees
- Building mortgage, taxes, & interest (assuming your business owns the building)
- Business & executive coaching services
- Business consulting services
- Business masterminds
- Cellular/data services
- Commissions paid
- Conferences
- Co-working “membership” fees
- Design services, such as creation of logos, business cards/stationery, website images, email templates, print/online ads & sales materials
- Digital marketing services, including email/social media marketing, website development/management, & SEO optimization
- Dues & membership fees
- Home office
- Renting your home to your business (the “Augusta rule”)
- Plus an additional 57 more small business tax deductions (download your free checklist to get access to the full list of deductions!)
To get the complete tax deduction checklist with 57 more small business tax deductions (that’s 90+ total!), make sure to download your free checklist directly below:
To be able to write-off expenses in the most lucrative ways (reducing your taxes and ensuring you receive the highest personal benefits)… and to write these off in a way that will withstand a state or federal audit… as a business owner, it’s worth investing some of your time and effort to understand:
1) Exactly how you can qualify for taking all the deductions possible, and
2) How to document what you’re doing in a way that is accepted by the IRS.
Because not only will this keep you, your business and your money safe, but you’ll likely learn how to write-off far more than you thought was possible (in a totally ethical way that doesn’t take too much of your time no less).
On that note… if you download the checklist and decide you’d like some help maximizing your business tax deductions, I want to mention I have a self-paced online program, Business Tax Deduction Clinic, that can help you do exactly that! (And, if you’re looking for custom accelerated tax strategy, I also offer tax strategy services and would love to speak with you.)
So Over To You:
Anything surprising in this list? What’s been your experience with small business tax deductions?
PS. Make sure you download your Small Business Tax Deduction checklist for easy reference via the link above.
PSS. Enjoy the list, but looking for a custom and comprehensive business tax strategy for your business? If so, check out my Tax Strategy Services—I’d love to work with you!