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2. 20 valuable small-business tax deductions - AOL

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   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 ...

3. Tips for filing small business taxes for the first time - AOL

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   On your personal income tax returns, you can take tax deductions for things like child care, medical expenses, or mortgage interest. As a business owner, you can access small business tax ...

4. 15 Self-Employment Tax Deductions You Should Know - AOL

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   Here’s the top 15 self-employment tax deductions that you might qualify for: Common Tax Deductions. Here are a few of the most common self-employment tax deductions: 1. Self-Employment Tax Deduction

5. 6 Small Business Tax Deductions - AOL

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   Small business owners looking to reduce their tax burden can take advantage of several money-saving deductions. Major tax preparation providers like TaxAct, TurboTax and H&R Block offer software ...

6. The Best Tax Deductions and Tax Breaks for 2024-2025 - AOL

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   Any expenses that are considered extravagant or lavish don’t qualify for the business travel expenses deduction. Self-employed individuals claim these expenses on Schedule C (Form 1040 ...

7. 5 Unexpected Tax Deductions Every Small Business Owner ... - AOL

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   Tax time can be tiring for any individual taxpayer. However, for small business owners trying to cut costs at every turn, the task can be downright overwhelming. See: Why Management Positions ...