>Smart Tax was recently featured in NFIB in an article entitled “7 Tax Deductions that Small Businesses Often Overlook.” This article was built from an in-depth interview with Nick Rizzi as an expert on the topic. Click here for the entire article.
Not many small businesses have a dedicated CPA on board, making it easier to miss deductions that could lower their tax burden. “When people think of deductions they usually think of inventory, payroll, office supplies, rent and utilities,” says Nick Rizzi, CEO of Smart Tax, a Brooklyn, N.Y., tax preparation company. “What they don’t think of are the smaller things.”
This year, be sure to take advantage of all the tax breaks the law provides, starting with these seven areas: