How small business owners can save money on taxes

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Saving money on taxes doesn’t have to be complicated. With the right strategies, small business owners can keep more of what they earn. From deductions to smart planning, discover easy ways to maximize savings and grow your business confidently.

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Here are five simple ways to save money on taxes as a small business owner:

  • Claim Your Deductions: Track expenses such as office supplies, travel, marketing, home office use, and vehicle costs, and watch your taxable rate go down.

  • Maximize Retirement Contributions: Boost your savings and reduce taxable income with SEP IRAs, SIMPLE IRAs, or Solo 401(k) plans.

  • Leverage Depreciation: Use Section 179 or bonus depreciation to write off big purchases like equipment.

  • Structure Your Business Smartly: Consider switching to an S-Corp or LLC to reduce self-employment taxes.

  • Work with a Professional: A CPA or tax expert can find personalized savings that fit your business.

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About Hunter Tax Associates

Founded in 2017, Hunter Tax Associates is a boutique tax firm that helps businesses and individuals strategize how to best position themselves for successful financial outcomes.

3130 Crow Canyon Pl Suite 200, San Ramon, CA 94583

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