What are Tax Write-Offs? Tax Deductions Explained by a CPA!

People are paying WAY too much in taxes because they are missing out on Tax Write-Offs.

Become a Tax Client: https://mycpacoach.com/tax-planning-s...

More than 2 million people overpay on their income taxes every year. And many are missing out on tax deductions that can LEGALLY lower their tax liability.

In today's episode, I am going to give you the BEST explanation of tax deductions so you DON'T miss out on another tax deduction again.

Outline:

Intro: (0:00)
How Taxes Work: (1:45)
How the Standard Deduction Works: (2:40)
Types of Tax Deductions: (3:20)
What are Business Tax Deductions?: (3:40)
How Business Tax Deductions Work: (4:50)
Misconceptions about Tax Deductions: (6:19)
How to Take Business Tax Deductions (8:10)
Recap: (11:00)