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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 ...
[Read more: 9 Commonly Overlooked Small Business Tax Credits] Business vehicle. Expenses from the use of a company or business vehicle, such as tolls, maintenance fees, licenses, and insurance ...
The IRS sales tax deduction rules give you two ways to claim the sales tax deduction. You can either track your actual expenses and the sales tax you paid, or you can use the IRS sales tax ...
Small business tax deductions reduce your taxable profits and, therefore, business taxes. From home office expenses to advertising bills, here are … Continue reading ->The post A Guide to Small ...
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 ...
The first week of May -- from May 1 through May 7, 2022 -- is National Small Business Week in the U.S. The theme of this year's celebration is "Building a Better America through Entrepreneurship."...
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