Deductions (Leave it up to the professionals)

When it comes to paying taxes, nothing cuts through the tension and discontent like a good deduction. That’s why we’ve taken a little time this week to put together a few resources to help you educate yourself on a few viable tax deductions for small business owners and individuals.

Now, let’s get to the resources that help: Over at kiplinger.com, they’ve put together a great list of deductions to claim at all stages of your life. This is really a good way to get a broad overview of some pretty basic deductions as well as a few more complicated ones.

In fact, we found this article such a good overview, we put together a slide show highlighting one of its best bits: the 5 best deductions for small business owners. Take a look at our page over at slideshare to find the slideshow and check it out.

Now, without further ado, here’s a large infographic about deductions.

Who knew?

Of course, before you go off claiming any of these “strange and legitimate” deductions for yourself, or before you decide to do any accounting stuff yourself, be sure to consult with an actual accountant. If you’re not sure about that, give this post a quick read.

In any event, thanks for reading, and give us a call sometime at (425) 483-6600!

Oh, and in case you were wondering, here’s what’s been going on with the IRS.

Huddleston Tax CPAs of Seattle & Bellevue
Certified Public Accountants Focused on Small Business

(800) 376-1785
40 Lake Bellevue Suite 100, Bellevue, WA 98005

Huddleston Tax CPAs & accountants provide tax preparation, tax planning, business coaching, Quickbooks consulting, bookkeeping, payroll and business valuation services for small business. We serve Seattle, Bellevue, Redmond, Tacoma, Everett, Kent, Kirkland, Bothell, Lynnwood, Mill Creek, Shoreline, Kenmore, Lake Forest Park, Mountlake Terrace, Renton, Tukwila, Federal Way, Burien, Seatac, Mercer Island, West Seattle, Auburn, Snohomish and Mukilteo. We have a few meeting locations. Call to meet John Huddleston, J.D., LL.M., CPA, Tawni Berg, CPA, Jennifer Zhou, CPA, Jessica Chisholm, CPA or Chuck McClure, CPA. Member WSCPA.