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65 \\ Tax Hacks 101: Small Business Edition - Demystifying 5 Myths Around Home Deductions
Manage episode 392092546 series 3399967
Content provided by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this episode, we unravel the complexities surrounding the business use of the home deduction—a game-changer for entrepreneurs working from home. Get ready to discover the ins and outs of maximizing your savings while avoiding common pitfalls.
Our expert discussion covers five prevalent myths about the home deduction that every small business owner needs to know. From separating fact from fiction to practical tips on leveraging this deduction to your advantage, we leave no stone unturned. Whether you're a seasoned entrepreneur or just starting, this episode provides valuable insights into navigating the often misunderstood landscape of home-based business tax benefits.
Join us as we explore the nuances of claiming your home office space, addressing misconceptions that could impact your bottom line. From debunking myths about eligibility to shedding light on potential tax-saving strategies, this episode equips you with the knowledge to make informed decisions for your business.
Next Steps:
💰 Chop Taxes Now! 💰 https://tiffanytrimstaxes.com/
☎️ Find out how much you're overpaying in taxes every year! Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com
📲 Follow me on IG @ the.tiffany.p.cpa
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