If you've dreamed of running your own small business or are currently operating a small business, tax season is rarely a part of those dreams.
But we've all heard the old saying, "...but in this world, nothing can be said to be certain, except death and taxes."
So whether you are a sole proprietor, an LLC, or anything else, there's no way around paying your taxes or dealing with the Internal Revenue Service.
Not paying attention to your taxes or knowing the tax benefits available could cost you big time.
From independent contractors to a sole proprietorship to a multi-national corporation, every small business should know what tax deductions they are eligible for.
The more tax deductions your small business can legitimately take, the lower your taxable income will be.
In the article below, we will discuss several tax deductions your small business should be taking advantage of.
source https://www.emscorporate.com/news/what-are-the-best-tax-deductions-for-a-small-business-owner
