✨ Tax season is here! Maximize your savings by taking advantage of these key write-offs:
1️⃣ Home Office Deduction
Work from home? Deduct a portion of your rent/mortgage, utilities, and internet costs! Just make sure your workspace is exclusively used for business.
2️⃣ Business Expenses
From office supplies to software subscriptions, these essentials add up. Keep receipts for client lunches, travel, and even your phone bill if used for work.
3️⃣ Vehicle Costs
Use your car for business? Write off mileage, gas, maintenance, or lease payments. Log your trips for proof!
4️⃣ Education & Training
Investing in professional development? Deduct costs for courses, certifications, or industry-specific tools to level up your skills.
5️⃣ Health Insurance Premiums
If you're self-employed, you can deduct premiums for you and your family. A healthy mind and body = productive business!
📌 Pro Tip: Stay organized with apps to track expenses throughout the year. Feel free to reach out to us to ensure you’re getting all the deductions you’re entitled to! 919-268-8060 or oakcityaccounting.com
