tax deduction Archives - Landmark CPAs

18 Tax Deductions for Small Businesses

Posted on October 25, 2022 (November 13, 2023) by Andrew Litchford

If you operate a pass-through entity like a sole proprietorship, general partnership, or LLC, there are several business expenses you can make on your personal tax return to lessen your tax liability. What expenses are tax deductions for small businesses? Here are 18. 18 tax deductions for small businesses 1. Business Meals Typically, you can

3 Tax Deductions for Small Businesses

Posted on July 26, 2022 by Andrew Litchford

Tax benefits that aren’t available to larger businesses may be available to your small business. Here are some examples of tax deductions for small businesses.

Fringe Benefit: Using a Company Vehicle

Posted on December 14, 2021 by Andrew Litchford

The use of a company vehicle is a valuable fringe benefit with tax benefits for owners and employees of small businesses.