- Introduction: Introduce the concept of tax deductions and their importance for small businesses.
- Common Deductions: Highlight key tax deductions available to small business owners, such as home office expenses, vehicle expenses, and retirement contributions.
- Tax Planning Tips: Provide strategies for maximizing deductions, such as keeping detailed records, timing expenses strategically, and leveraging tax-advantaged accounts.
- Tax Reform Updates: Discuss recent changes to tax laws and how they may impact small businesses.
- Conclusion: Encourage small business owners to work with a qualified tax professional to optimize their tax deductions and minimize tax liabilities.