23 Tax Deductions for Business Owners
Viking Mergers
FEBRUARY 27, 2023
These are best suited for self-employed people or business owners with up to a few employees. (A A Simple IRA is better for larger businesses with up to 100 employees.) Starting with the 2022 tax year, you can deduct up to $1,080,000 for depreciation under the Section 179 deduction.
Let's personalize your content