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2. Tax Deductions for Small Businesses - AOL

   www.aol.com/finance/tax-deductions-small...

   Here are 15 tax deductions that could help your business save some money this tax season. [Read more: 5 Types of Tax Forms Every Small Business Owner Should Know ] Home office

3. 15 Self-Employment Tax Deductions You Should Know - AOL

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   Here are a few lesser-known small business tax deductions that can help lower your self-employment taxes: 12. Qualified Business Income (QBI)

4. 20 valuable small-business tax deductions - AOL

   www.aol.com/finance/20-valuable-small-business...

   Bankrate insight. A marketing business owner travels across the U.S. to meet clients. In 2023, they traveled 5,000 miles in total. They can deduct $3,275 ($0.655 for 2023 standard mileage rate x ...

5. Tax Credits Small Businesses Don't Know They Qualify For - AOL

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   The Small Business Health Care Tax Credit is designed to help small businesses afford health insurance for their employees. If you have fewer than 25 full-time equivalent employees, pay average ...

6. Section 179 depreciation deduction - Wikipedia

   en.wikipedia.org/wiki/Section_179_depreciation...

   Under section 179(b)(1), the maximum deduction a taxpayer may take in a year is $1,040,000 for tax year 2020. Second, if a taxpayer places more than $2,000,000 worth of section 179 property into service during a single taxable year, the § 179 deduction is reduced, dollar for dollar, by the amount exceeding the $2,500,000 threshold, again as of ...

7. A Guide to Small Business Tax Deductions - AOL

   www.aol.com/news/guide-small-business-tax...

   If you own a small business and run it for a profit, you can likely deduct the costs incurred. Small business tax deductions reduce your taxable profits and, therefore, business taxes. From home ...