The 20 Most Valuable Tax Deductions For Small Businesses (Do This Now!)

Top 20 Tax Write-Offs For Business Owners & Self-Employed Individuals in 2026! Get a Free Consultation: https://mycpacoach.com/contact/ In this video, I break down 20 of the most commonly missed tax write-offs that can help self-employed individuals and business owners save thousands of dollars in taxes. I categorize these deductions into three buckets (everyday deductions, growth deductions, sheltering deductions), which include home office, vehicles, travel, meals, and cell phones, QBI, bonus depreciation, hiring family, retirement contributions, and more. As a practicing CPA who tax plans every day, I’m going to walk you through these deductions. Save this video, hit the like button, and let’s get started. #taxwriteoffs #selfemployed #taxstrategy The Importance of Write-Offs as a Business Owner: (0:00) Types of Deductions: (0:36) Deduction #1: (1:08) Deduction #2: (1:56) Deduction #3: (2:50) Deduction #4: (3:45) Deduction #5: (4:44) Deduction #6: (5:22) Deduction #7: (6:00) Deduction #8: (6:44) Deduction #9: (7:30) Deduction #10: (8:25) Deduction #11: (8:51) Deduction #12: (9:25) Deduction #13: (10:24) Deduction #14: (11:25) Deduction #15: (12:12) Deduction #16: (12:52) Deduction #17: (13:30) Deduction #18: (14:21) Deduction #19: (15:41) Deduction #20: (16:19) /// Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).