Remove money affordable-dental-insurance
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23 Tax Deductions for Business Owners

Viking Mergers

Meanwhile, we’ve gathered this list of common tax deductions for business owners to ensure you don’t miss any opportunity to write off expenses – that way, you can save money and re-invest it in growing your business. Bad Debt “Bad debt” is any money you loan out for business purposes but never get back.

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How are LLCs taxed? LLC tax benefits and tips to reduce taxes

ThomsonReuters

Federal Insurance Contributions Act), or “self-employment” tax. Deduct health insurance One of the perks of self-employment through an LLC is that healthcare premiums and other medical expenses (including vision and dental) are deductible. It’s also surprisingly affordable.