article thumbnail

Small Business Tax Deductions Checklist: All You Need to Know About Tax Deductions

Snyder

Look through your profit and loss report and research the applicable tax deductions for your business starting from work-related trips and ending with accounting software subscription purchases. The principle of this accounting mechanism is to deduct expenses from taxable income.

Tax 98
article thumbnail

From Filing to Deductions: Understanding Tax for Web Design Companies

Steve Feinberg

Marketing & Advertising Marketing and advertising are critical components of running a web design company. The IRS allows companies to write off business expenses related to advertising and promotion.

Tax 52