Top Overlooked Deductions You Could Be Writing Off

Prepare Tax Season

The tax game is tricky. So often, after you file your taxes and have sent them off, you realize a change you could have made that would’ve saved you a few, useful, dollars. Wouldn’t it be nice if someone gave you a list of the most commonly overlooked deductions you could be utilizing?

  • Start Up Costs

Are you getting a startup company off the ground? This generally comes with quite a few installation costs and fees that are derived from starting a business. Luckily, their are tax deductions that can assist with paying you back for this.

  • Automobile/ Gasoline Costs

Having a job that you need to commute to can be exhausting, and also expensive. Depending on the distance you’re driving and what you’re using your vehicle for, that are deductions that could apply to you.

  • Business Meals

Are you having lunch meetings with colleagues and customers to discuss the nature of your work, or the services you could provide? This can also be written off.

 

Looking for a more detailed list of deductions you could be applying to your taxes? Give Hacker Accounting a call today to schedule a time to speak with one of our experts! (602) 375-5251

 

 

 

Chris Hacker
Chris has been working in the bookkeeping and accounting field for over 15 years preparing business, income and payroll taxes. Chris has a bachelor’s degree from Arizona State and is an Enrolled Agent with the Internal Revenue Service.