Business Tax Deductions that 90% of Taxpayers Miss! [Must Watch]
LYFE Accounting LYFE Accounting
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 Published On Jan 24, 2023

90% of business owners are overpaying on taxes because they are missing tax deductions, that can save them an average of $15,000 or more in taxes!

Become a Tax Client: https://mycpacoach.com/tax-planning-s...

Today, I want to help as many people as possible avoid these costly mistakes by sharing my list of top deductions missed by business owners.

As a licensed CPA, I review tax returns and talk to small business owners every day. And today, you are going to learn from the various ways business owners overpay on taxes.

So save this video, share it, and comment below to let me know your thoughts.

Timestamps:
Are You Overpaying on Taxes? (0:00)
No. 1 Missed Tax Deduction (1:30)
Home Office Deduction Mistakes (2:25)
Should You Fear the Home Office Deduction? (3:05)
Failure to Take Max Home Office Deduction (4:05)
Missing Home Expenses (5:30)
No. 2 Missed Tax Deduction (6:28)
No. 3 Missed Tax Deduction (7:52)
Avoid Self-Employment Tax (8:10)
No. 4 Missed Tax Deduction (10:00)
No. 5 Missed Tax Deduction (11:56)
No. 6 Missed Tax Deduction (13:45)
No. 7 Missed Tax Deduction (14:40)
No. 8 Missed Tax Deduction (15:45)
No. 9 Missed Tax Deduction (17:37)
Do You Have a Tax Problem? (18:30)

For more in-depth business tax guides from me, subscribe to my division's channel, My CPA Coach at    / @mycpacoach  

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

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