A lot of tax payer will be surprised by some of the new tax penalties as well as the expiration or past tax breaks, this year. It is good to remember that 55 different tax breaks expired at the end of 2013 and many will see the ramifications of it when filing taxes this year as well as next. Congress is even thinking about reinstating some of the more popular tax deductions. Which popular tax deductions do you hope to see make a come back as soon as possible?
tax deductions
14 Small Business Tax Deductions
Making sure you account for every single legitimate tax deduction can save your small business a ton of money. It just takes the time to look into all of the tax laws with the IRS to know which deductions are Ok and which ones are not. Can you add some great tips below on tax deductions first time small business owners may not know about?