Maximizing Your Tax Savings: 15 Overlooked Deductions For Business Owners
Overlooking tax deductions can result in missed opportunities to reduce tax liabilities and increase cash flow for business owners. As a business owner, it’s essential to keep your tax liability as low as possible. However, with the complexities of the tax code, it can be challenging to know which deductions you’re eligible for.
Below, our CEO Nick Chandi and 14 other Forbes Finance Council members explore some little-known tax deductions that many business owners may not be aware of. Discusses the importance of tracking business mileage for tax purposes and suggests that business owners use a mileage tracking app to simplify the process. By taking advantage of these deductions, you can keep more of your hard-earned money and invest it into your business. Read more on Forbes.