12 HUGE Tax Write Offs for Small Business in 2024! [Bookmark This]

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  • เผยแพร่เมื่อ 6 มิ.ย. 2024
  • Here are the top 12 tax write offs and deductions for small business owners.
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    Timestamps:
    Intro (0:00)
    What are Business Tax Write Offs? 0:33)
    Tax Write Off #1 (1:05)
    Tax Write Off #2 (2:17)
    Tax Write Off #3 (3:24)
    Tax Write Off #4 (3:58)
    Tax Write Off #5 (4:14)
    Tax Write Off #6 (5:31)
    Tax Write Off #7 (6:40)
    Tax Write Off #8 (7:42)
    Tax Write Off #9 (9:07)
    Tax Write Off #10 (9:40)
    Tax Write Off #11 (10:10)
    Tax Write Off #12 (10:59)
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    Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

ความคิดเห็น • 19

  • @HouseofSamiah
    @HouseofSamiah 6 หลายเดือนก่อน

    Thank you beautiful for your wisdom and sharing it.. much appreciated !

  • @tanyaj.8482
    @tanyaj.8482 9 หลายเดือนก่อน +1

    Very helpful!

  • @seanwallace2615
    @seanwallace2615 11 หลายเดือนก่อน

    Love this video!!! thanks!!

  • @husseinfakhreddine2501
    @husseinfakhreddine2501 9 หลายเดือนก่อน +5

    You should make a viedo on how to invest for small business owners so we could use that as a write off other then investing back into the business thats a tricky one huh? Because i cant think of any way other then a solo 401k

  • @IWTBFOY
    @IWTBFOY 11 หลายเดือนก่อน +1

    This is such a good video!

  • @yaabima2
    @yaabima2 4 หลายเดือนก่อน

    Awesome! Thanks 🙏🏾

  • @ronnimartin7033
    @ronnimartin7033 11 หลายเดือนก่อน +1

    Thank you!!

  • @stevennarvaez9920
    @stevennarvaez9920 11 หลายเดือนก่อน +1

    I appreciate this video

  • @3rdvsworld
    @3rdvsworld 2 หลายเดือนก่อน

    super helpful for a new business owner, THANK YOU!!

  • @RobPerkins
    @RobPerkins 3 หลายเดือนก่อน

    Great list. Very informative. Thank you.

  • @LoversRock444
    @LoversRock444 9 หลายเดือนก่อน

    I love #4 but their all good to know lol! Thank you!

  • @qppq98sb
    @qppq98sb 3 หลายเดือนก่อน

    I love this page and the people they have on here >>>> they tells you the importance / risks and the difference between thing when it comes to filing things on your taxes other people only tell you the benefits and that's where people fell at an end up on a taxes or paying back on taxes and sometimes it's because the person who messed up on your taxes

  • @YannyJ444
    @YannyJ444 3 หลายเดือนก่อน

    This was so helpful, thank you. I do have a question: If my small business only made $700, what happens when my deductions and start-up costs out weight my profit? Do I just not pay taxes or how does that work?

  • @jg8807
    @jg8807 11 หลายเดือนก่อน

    👍🏾

  • @shennabridgett8715
    @shennabridgett8715 หลายเดือนก่อน

    Could you still write off your home if you use a virtual address for your business?

  • @farmingthelife524
    @farmingthelife524 5 หลายเดือนก่อน

    Hey, what if your business didnt make any sales but had alot if costs... Website etc

    • @LYFEAccounting
      @LYFEAccounting  3 หลายเดือนก่อน

      All business costs can still be deducted regardless of revenue.

  • @gabrielladots5990
    @gabrielladots5990 11 หลายเดือนก่อน +2

    TH-cam took me to another video while watching this video….YT bad 😡