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There are a lot of decisions to make when starting a new business, but with so much on your plate, your legal business structure may have not made the list. Read more
While deductions reduce your taxable income, tax credits reduce the tax you owe on a dollar-for-dollar basis.
Deducting business expenses on your taxes is one of the major perks of being a small business owner. But what if your business just started this year?
Do you know what documents you'll need to do your taxes? Did you claim all possible deductions and tax credits? Did you hire employees or independent contractors?