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As a small business owner , you're likely always looking for ways to save on taxes . After all, every little bit helps when you're trying to run a successful business . Luckily, there are a few ways that you can get tax relief as a small business owner.
One way to get tax relief is to deduct your business expenses. This includes things like office supplies , inventory , and even travel expenses. Make sure to keep track of all of your expenses so that you can deduct them come tax time .
Another way to get tax relief is to take advantage of small business tax credits . There are a number of credits available , from the earned income tax credit to the child care tax credit . Do some research to see if your business qualifies for any of these credits .
Finally, you may be able to get tax relief by hiring veterans or people with disabilities. There are a number of tax breaks available for businesses that hire these groups of people . So , if you're looking to save on taxes , hiring veterans or people with disabilities is a great way to do it.
One way to get tax relief is to deduct your business expenses. This includes things like office supplies , inventory , and even travel expenses. Make sure to keep track of all of your expenses so that you can deduct them come tax time .
Another way to get tax relief is to take advantage of small business tax credits . There are a number of credits available , from the earned income tax credit to the child care tax credit . Do some research to see if your business qualifies for any of these credits .
Finally, you may be able to get tax relief by hiring veterans or people with disabilities. There are a number of tax breaks available for businesses that hire these groups of people . So , if you're looking to save on taxes , hiring veterans or people with disabilities is a great way to do it.