Grow Cashflow

The 2025 Tax Deduction Checklist That Could Save Your Small Business Thousands


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We have a companion blog post with lots of details for this episode

The Entrepreneur's Guide to Business Tax Write-Offs


This comprehensive episode provides U.S. small business owners with a detailed checklist of eligible tax write-offs for 2025, aiming to help them reduce their taxable income. It outlines the IRS's "ordinary and necessary" criteria for deductible expenses and categorizes common deductions into areas like day-to-day operations, personnel costs, retirement contributions, marketing, equipment (including depreciation), travel, insurance, and education. The episode also highlights high-impact deductions such as the home office deduction and the Qualified Business Income (QBI) deduction, while offering best practices for meticulous record-keeping and emphasizing the crucial role of professional tax advice.

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Grow CashflowBy Eric Eden