Top 5 Tax Deductions Every Small Business Should Know About

123 websites • October 9, 2025

Reading time: ~4 minutes


Running a small business means every dollar counts — especially at tax time. The good news? The IRS offers several deductions that can help reduce your taxable income. Here are five often-overlooked deductions you should consider:


1. Home Office Deduction

If you regularly use part of your home exclusively for business, you may be able to deduct a portion of your rent, utilities, and maintenance.


2. Business Mileage

Driving to meet clients, attend meetings, or make deliveries? Keep track of your mileage — it’s deductible at the standard IRS rate.


3. Professional Services

Accounting, legal, and consulting fees are fully deductible if they’re directly related to your business operations.


4. Office Supplies & Equipment

From printers and laptops to pens and paper — these everyday expenses can add up to meaningful deductions.


5. Marketing & Advertising

Expenses related to promoting your business (think website design, Facebook ads, or printed flyers) are 100% deductible.


📌 Tip: Keep detailed records and receipts. And consult your accountant to ensure you’re maximizing your deductions legally and effectively.



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