7 Tax Deductions Small Business Owners Forget Every Year

Stop Missing Out on Legitimate Tax Deductions

Tax time doesn’t have to be stressful — but it often is because small business owners miss out on deductions they’re entitled to. Here are 7 commonly forgotten tax write-offs that could save you money this year.

1. Home Office Expenses

If you use part of your home regularly and exclusively for business, you can deduct a portion of your rent or mortgage, utilities, and internet.

2. Business Use of Your Car

Track your mileage with an app like MileIQ. You can deduct the business portion of your gas, repairs, and maintenance.

3. Software Subscriptions

Programs like QuickBooks, Canva, Zoom, or Google Workspace count as deductible business expenses.

4. Education & Training

Courses, books, and workshops that improve your business skills are 100% deductible.

5. Professional Services

Accountants, bookkeepers, and lawyers — if their services support your business, they qualify.

6. Business Insurance Premiums

Your general liability or professional insurance premiums are deductible operating expenses.

7. Startup Costs

Expenses incurred before officially launching your business (like logo design or permits) can often be written off.

Stay Organized All Year Long

The easiest way to capture every deduction is to keep your books clean year-round. Regular bookkeeping means no scrambling when tax season hits — and no missed write-offs.

👉 Need help staying audit-ready? I help small business owners keep accurate books so tax season is simple, stress-free, and savings-focused. Let's chat about how to make your bookkeeping work for you.