Introduction:
Tax season is a stressful time for business owners, especially when trying to maximize deductions without missing anything essential. Surprisingly, many companies overlook deductions that could save them significant money. In this post, we’ll cover five of the most common tax deductions that businesses often miss—and how you can make sure you don’t leave money on the table.

Main Points:

• Home Office Deduction: Clarify who qualifies and what expenses are deductible.
• Employee Benefits: How offering certain benefits, like health insurance or retirement contributions, can be tax-deductible.
• Professional Services: Many business owners forget that fees for accounting, legal, and consulting services are often deductible.
• Education and Training Costs: Any investments in skill-building and certifications could be deducted.
• Vehicle Expenses: Overview of mileage tracking and other deductible vehicle-related costs.

Conclusion:
Staying aware of these deductions can make a substantial difference at tax time. For a thorough review and to ensure you’re not overlooking any opportunities, consider working with a professional accounting service.