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In this episode, we discuss what qualifies as legitimate business deductions. As a business owner, knowing what expenses you can deduct to lower your tax bill is essential.
Crammed into this 20-minute chat, we will provide various examples of deductible expenses, including some do's and don'ts. We will cover expenses such as office supplies, travel expenses, and advertising costs. But we won't stop there. We will also touch on unique expenses, such as Pitbulls and airplanes. Yes, you heard that right! We will explain how even these expenses can be deductible under certain circumstances.
Whether you're a seasoned business owner or just starting out, this episode is a must-listen for anyone looking to file their taxes confidently and maximize their deductions. Tune in now to learn more.
As promised, here's the direct link to our new YouTube Channel.
www.youtube.com/@teachingtaxflow
Episode Sponsor:
REPStracker
Crammed into this 20-minute chat, we will provide various examples of deductible expenses, including some do's and don'ts. We will cover expenses such as office supplies, travel expenses, and advertising costs. But we won't stop there. We will also touch on unique expenses, such as Pitbulls and airplanes. Yes, you heard that right! We will explain how even these expenses can be deductible under certain circumstances.
Whether you're a seasoned business owner or just starting out, this episode is a must-listen for anyone looking to file their taxes confidently and maximize their deductions. Tune in now to learn more.
As promised, here's the direct link to our new YouTube Channel.
www.youtube.com/@teachingtaxflow
Episode Sponsor:
REPStracker
Creators & Guests
What is Teaching Tax Flow: The Podcast?
Welcome to “Teaching Tax Flow: The Podcast”, the show that’s all about demystifying taxes and helping you keep more of your hard-earned income in your pocket.
Hosted by tax experts from the Teaching Tax Flow team, this unfiltered (but clean) podcast is designed to empower you with the knowledge and tools you need to confidently navigate the world of taxes. We’ll cover everything from understanding tax laws and regulations to maximizing deductions and credits.
In each episode, we’ll break down a specific tax-related topic in a clear and accessible way, providing practical tips and strategies you can use to optimize your tax situation. We’ll also answer listener questions, share the mic with amazing guests, and share real-world examples to help illustrate key concepts.
Whether you’re a freelancer, small business owner, real estate investor, or just looking to understand your taxes better, this podcast is for you. So tune in, take notes, and start building your confidence in taxes today.
Produced and hosted by Teaching Tax Flow.
www.TeachingTaxFlow.com