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Here Are 20 of the Most Popular Tax Deductions for Small Businesses

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It’s a good time for a pow-wow with your CPA.

Citing 2015 tax data released by the IRS, Small Biz Trends compiled a list of 20 of the most popular tax deductions that were claimed by sole proprietors, which can also be claimed by other types of small businesses. If you’ve peaked at our Manager’s To-Do List for February, then you know that we recommend scheduling an appointment with your accountant this month to finalize your 2015 financial statements before you head down the home stretch of tax season. She or he can help you determine if you’ve done everything that’s required to qualify for these deductions.

Read more at Small Biz Trends

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Ready to Relocate? Wilkerson Makes Your Move Seamless

When Brockhaus Jewelry decided to leave their longtime West Main Street storefront for a standalone building elsewhere in Norman, Oklahoma, owners John Brockhaus and Brad Shipman faced a familiar challenge: how to efficiently reduce inventory before the big move. Their solution? Partnering with liquidation specialists Wilkerson for a second time. "We'd already experienced Wilkerson's professionalism during a previous sale," Shipman recalls. "But their approach to our relocation event truly impressed us. They strategically prioritized our existing pieces while tactfully introducing complementary merchandise as inventory levels decreased." The carefully orchestrated sale didn't just meet targets—it shattered them. Asked if they'd endorse Wilkerson to industry colleagues planning similar transitions—whether relocating, retiring, or refreshing their space—both partners were emphatic in their approval. "The entire process was remarkably straightforward," Shipman notes. "Wilkerson delivered a well-structured program, paired us with a knowledgeable advisor, and managed every detail flawlessly from concept to completion."

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