Minimize Your Taxable Income with These Common Deductible Expenses
With tax season upon us, you might be feeling what a lot of us are experiencing right now: Maybe a little panic, a hint of unpreparedness, and a whole lot of last-minute details to finalize. At the back of your mind looms the biggest question of all: Will I owe the IRS money this year?Let me ease your mind a bit — there may be some expenses you incurred this year that you may have overlooked. These expenses, called common deductible expenses, are the key to reducing some of your tax burdens, and hopefully, let’s you keep more money than you were anticipating!
With tax season upon us, you might be feeling what a lot of us are experiencing right now: Maybe a little panic, a hint of unpreparedness, and a whole lot of last-minute details to finalize. At the back of your mind looms the biggest question of all: Will I owe the IRS money this year?Let me ease your mind a bit — there may be some expenses you incurred this year that you may have overlooked. These expenses, called common deductible expenses, are the key to reducing some of your tax burdens, and hopefully, let’s you keep more money than you were anticipating!
So, in today’s episode we’re chatting about:
So, in today’s episode we’re chatting about:
- Some of the most common deductible expenses
- What the IRS is really concerned about when it comes to filed expenses
- Plus: How you can use your home, cell phone, and travel as tax deductions
You don’t want to miss this week’s episode. And once you listen, let me know your thoughts in the comments section!
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Creators and Guests
Host
Keila Hill-Trawick, CPA, MBA
Helping entrepreneurs create and maintain the business they want | Building to Enough | LinkedIn Top Voice | Intuit Partner Council | Accounting Firm Owner
