Tax Tips for Businesses & Employees
Get The Most From Business Deductions
The SBAAA has compiled tax tips for maximizing your business and personal tax deductions each year. Businesses and employees can greatly reduce the overall income tax burden by taking advantage of the many available business expense tax deductions. Tax deductions are missed by small business and their employees each year.
Employees often forget to take advantage of their personal tax deductions available for out of pocket business expenses they paid through the year.
We have compiled here a few tax tips to assist you. You will also find many active links to specific IRS information and online booklets.
- Transportation expenses.
- Travel expenses
- Entertainment expenses
- Gift Expenses
- Record Keeping Information