What are the Best Tax Deductions for a Small Business Owner?

If you've ever wanted to start your own small business or are currently running one, tax season is probably not on your list of priorities.

But, as the old adage goes, "in this world, nothing can be said to be certain, except death and taxes."

So, whether you're a sole proprietor, an LLC, or anything else, you can't avoid paying taxes or dealing with the Internal Revenue Service.

Not paying attention to your taxes or being aware of the tax benefits available could cost you a lot of money.

Every small business, from independent contractors to sole proprietorships to multinational corporations, should be aware of the tax breaks available to them.

The more legitimate tax deductions your small business can claim, the lower your taxable income will be.

In the following article, we will go over several tax breaks that your small business should take advantage of.