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14 Biggest Tax Write Offs for Small Businesses! [What the Top 1% Write-Off]

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LYFE Accounting

By a Trusted CPA: Find out the BIGGEST Tax WriteOffs for Small Businesses & What the Top 1% WriteOff.

Subscribe: https://bit.ly/2HJlq46

Every year, more than 2 million taxpayers overpay their income taxes. And this isn’t just pocket change. Taxpayers are overpaying by close to $1 BILLION dollars.

This could be due to poor tax planning, or because they’re missing some of the biggest business tax writeoffs.

Meanwhile, the top 1% are using the tax law to their advantage to minimize their tax liability.

That's why in this episode, I’m going to give you BIGGEST tax writeoffs for small businesses.

Outline:

Intro: (0:00)
Tax WriteOffs Gone WRONG: (1:45)
What are Business Tax Write Offs?: (4:23)
Simple Business Tax Write Offs: (5:45)
Advanced Business Tax Write Offs: (13:04)
How to Take Advantage of WriteOffs: (16:45)

Relevant Uploads:
15 Biggest Tax Write Offs for Small Businesses in 2022: https://www.youtube.com/watch?v=rrPxb...
Top 6 Ways to Pay Less Taxes Legally: https://www.youtube.com/watch?v=ce_VC...
Top 5 Tax Loopholes for Entrepreneurs: https://www.youtube.com/watch?v=Qtwv9...

Interested in talking with someone from our team? Sign up to get notified when we are accepting new clients here: https://lyfeaccounting.com/comingsoon/

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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).

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