Connect with us

Headlines

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

mm

Published

on

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

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

Wilkerson Helped This Jeweler to Navigate His Retirement Sale Despite a Pandemic

Hosting a going-out-of-business sale when the coronavirus pandemic hit wasn’t a part of Bob Smith’s game plan for his retirement. Smith, the owner of E.M. Smith Jewelers in Chillicothe, Ohio, says the governor closed the state mid-way through. But Smith chose Wilkerson, and Wilkerson handled it like a champ, says Smith. And when it was time for the state to reopen, the sale continued like nothing had ever happened. “I’d recommend Wilkerson,” he says. “They do business the way we do business.”

Promoted Headlines

Most Popular