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4 Ways to Save Big with Business Deductions

Tax season is here and it is time to review all expenditures. As a business owner, there are ways to keep more cash to reinvest in your business or to take some time off. Having a good tax preparer helps to do this but education on deductions is an investment that pays off. Let’s review 4 ways to capitalize on business deductions. 1. Operating expenses are your largest deduction. Rent, utilities, supplies and equipment for daily activities are one of the largest deductions to write off. The IRS allows owners to capitalize on the cost of improvements, even if some of them may seem like ordinary repairs. 2. Companies can deduct for costs associated with employees. Salaries, retirement and savi

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