Business Tax Savings Guide’ – Maximize Your Profits!

📘Smart Solutions for Business Growth, Powered by Clearli

Are you leaving money on the table every tax season?

As a small business owner, you're constantly juggling expenses, revenue goals, and operations—but what about tax strategy? At Clearli, we specialize in helping entrepreneurs like you not only survive tax season but thrive through it.

In this Business Tax Savings Guide, we’re sharing actionable strategies that can help you maximize your profits, reduce your tax liability, and position your business for smart, sustainable growth.

💡 1. Separate Personal and Business Finances

One of the easiest and most impactful steps you can take is opening a dedicated business bank account and using bookkeeping software like QuickBooks or Wave.

✅ Action Step: Set up a business checking account and start tracking every business-related transaction. This builds a strong financial paper trail that supports deductions and protects you in case of an audit.

💼 2. Know What You Can Deduct (and What You Can’t)

Common small business deductions include:

• Office rent or home office space

• Marketing expenses (website, ads, social media tools)

• Business meals (50% deductible)

• Business travel

• Contractor payments

• Equipment and software

🎯 Real-World Example: Tanya, a mobile hairstylist, deducted mileage, supplies, marketing expenses, and a portion of her home used for scheduling/admin tasks. She saved $2,700 on her taxes!

✅ Action Step: Download our FREE Tax Deduction Checklist at the bottom of this page and review your expenses monthly.

🧾 3. Take Advantage of Section 179 Deduction

This IRS rule allows you to deduct the full purchase price of qualifying equipment or software bought or financed during the tax year.

🎯 Example: If you bought a $3,000 laptop for your photography business, you can write off the full amount if it’s used 100% for business.

✅ Action Step: Keep receipts for big-ticket items and speak with a Clearli tax expert to ensure you're maximizing this deduction.

👥 4. Hire Help the Smart Way

Hiring independent contractors instead of employees (when appropriate) can reduce payroll taxes. Plus, contractor payments are fully deductible.

🎯 Example: Mike owns a small lawn care business. By outsourcing design work and bookkeeping to 1099 contractors, he saved time and thousands in taxes.

✅ Action Step: Use tools like HelloBonsai or Gusto to issue 1099s and keep everything organized.

📅 5. Don’t Wait Until Tax Season

Tax planning should be a year-round activity, not a last-minute scramble in April. Schedule quarterly check-ins to review profits, deductions, and upcoming expenses.

✅ Action Step: Book your Free 15-Minute Tax Savings Strategy Session with Clearli today and let’s look at how you can reduce tax bill starting now.

📩 Want More Money-Saving Tips?

Ready to save big this tax season?

👉 Download your FREE “Business Tax Deduction Checklist” now👉 Subscribe to our Smart Solutions Newsletter for ongoing tax hacks, grant alerts, and small business insights👉 Book a Consultation and let Clearli build a custom tax strategy that aligns with your goals

Clearli – Smart Solutions for Business Growth

We’re not just tax pros—we’re your growth partners. Whether you're a solopreneur or scaling your team, our strategies are designed to help you save, grow, and win.

📞 Have questions? Call us at 1 (800) 488-7533 or email info@dulciofinancial.com