You got to use the top 5 writeoffs for LLC owners in 2021. A write off is the same thing as tax deductions for LLCs. These write offs apply to singlemember and multiplemember LLCs deductions. Use these in 2021!!

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There are over 20M LLCs in the US today. Chances are if you’re watching this video, you have an LLC or at least are thinking about starting one of your own.

In either case, you want to make sure you’re aware of the LLC tax write offs OR LLC tax deductions you can take to minimize your taxes or even maximize your refund.

Outline for Tax Write Offs for LLCs:

Intro: (0:00)
LLC Stats: (0:44)
How to Use Home Office Deduction: (0:45)
How to Write off Startup Cost for LLCs: (2:24)
How to Write off Cell Phone: (3:07)
How to Write off Vehicle Expenses: (3:46)
How to Use Retirement as a Write off: (5:02)
BONUS TIP: (6:07)

If you have any questions, please comment them below and I will try to answer them.

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Disclaimer: The information provided in this video is for entertainment 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).