When you’re running a small business, every dollar counts — especially during tax season. Yet, many entrepreneurs and small business owners leave money on the table simply because they aren’t aware of all the deductions available to them. Whether you’re a sole proprietor, freelancer, or managing a small team, understanding what you can legally deduct can save you a significant amount of money.
Below, we explore five commonly overlooked tax deductions that can reduce your taxable income and improve your financial outlook.