8 Business Expenses You NEED to Write Off Before the End of the Year!
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- เผยแพร่เมื่อ 8 ก.พ. 2025
- If you’re a business owner, you can save THOUSANDS of dollars with these tax write-offs!
Look, I know that you didn’t start your business with an enthusiasm for accounting. But keeping track of your money and properly reporting tax deductions is key to running a successful business that isn’t wasting money! That’s why I made this video on simple accounting for small business.
In this video, I’m explaining two crucial parts of small business finance - small business expense tracking and tax deductions!
I’m answering your self-employed tax questions and diving into…
👉 business expenses for taxes
👉 tax write offs for beginners
👉 tax basics for business owners
👉 small business finance
👉 deductible expenses
So, click play to check out tax deductions for small business, tax deductions for self employed and writing off business expenses!
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What other business finance questions do you have??
More on biz finances please!
this was great thank you! If you have funds, is it smart to house that money in your business account when you first open one? Just starting out, there may not be much activity for a bit. Any recs on online banks for business accounts or what to look for?
I would love to see more business videos. This was amazing! Thank you. Christina
So helpful! Thanks so much, Britt.
Happy to help!!
Any recommendations for digital receipt apps??
Favorite app to log receipts like you mentioned?
I wish I had found you 4 years ago when I started my business!! Love the simplicity and it makes finances much less scary. Thank you!!
If a new business hasn’t made any money last year, can the business education/expenses invested in it be written off from personal 1040?
As always, this was a great video! Thank you. What I'd like to know is how to better use my company's employee stock purchase plan and 401(K) match to maximize my benefits and minimize my taxes.
Great info!
Can I claim the home office expense deduction if I'm a sole proprietor who has main business office elsewhere. I thought had to be LLC S corp.
Good question! I would love to know the answer as well
Great information! Thanks so much.....Yes...more please. I love how you simplify the financial concepts and make it feel "easy".
Thanks, Britt! You are amazing!! I am a current MDY participant. :) Just started- so excited!! Also- I'm an exec coach and just launched my practice at the start of 2022. QQ about write offs for some of these expenses from this year... can I still write them off on my finances this year if I paid for them with my personal credit card or debit card? At times, I forgot-- old habits-- and just pulled out my personal credit card for some of these meals, etc. I do have separate business & personal accounts. Can you advise? Thanks!!
Hi - I'm a business owner and part of MDY too - it doesn't matter what you use to purchase things for your business, just keep track of what it was and you can use it for deductions on your taxes. I mixed my business and personal for years and had to sift through it all to find my business expenses. I'm so excited to have finally separated it - taxes will be so much easier! You probably already got this answered a while back, but just wanted to let you know because I hate to see an unanswered question! Good luck.