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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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Wilkerson Testimonials

Retirement Made Easy with Wilkerson

The store was a landmark in Topeka, Kansas, but after 80 years in business, it was time for Briman’s Leading Jewelers to close up shop. Third generation jeweler and owner Rob Briman says the decision wasn’t easy, but the sale that followed was — all thanks to Wilkerson. Briman had decided a year prior to the summer 2020 sale that he wanted to retire. With a pandemic in full force, he had plenty of questions and concerns. “We had no real way to know if we were going to be successful or have a failure on our hands,” says Briman. “We didn’t know what to expect.” But with Wilkerson in charge, the experience was “fantastic” and now there’s plenty of time for relaxing and enjoying a more secure retirement. “I would recommend Wilkerson to any retailer considering a going-out-of-business sale,” says Briman. “They’ll help you reach your financial goal. Our experience was a tremendous success.”

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