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2022 Has Spawned Several Beneficial Tax Deductions for Small Businesses:Which Ones Apply to You?9/27/2022 At Master Your Money we help small business owners reduce taxes. There are dozens of tax deductions relevant to small business owners. What are some of the more pertinent ones in 2022?
Sources: IRS Publication – “Here’s what businesses need to know about the enhanced business meal deduction.” (June 14, 2022). IRS Publication – “IRS increases mileage rate for remainder of 2022.” (June 9, 2022). IRS Publication – “For National Small Business Week, plan now to take advantage of tax benefits for 2022 . . . ” (May 3, 2022). IRS Publication – “How small business owners can deduct their home office from their taxes.” (January 19, 2022).
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Mark KrolakMark Krolak is a small business tax strategist and educator, teaching entrepreneurs and newly self-employed business owners strategies to grow their business and stop overpaying their taxes. |