Introduction
Taxes are one of the most complex and stressful parts of running a business. Even a small oversight can lead to missed opportunities for savings. At Besalca Inc, we specialize in helping businesses like yours identify valuable tax deductions you might be missing — ensuring you keep more of what you earn while staying fully compliant. Here are the top 5 tax deductions your business should know about.
1. Home Office Deduction
If you run your business from home, you may qualify for a home office deduction. This includes a portion of your rent or mortgage, utilities, and internet expenses. Besalca Inc helps you calculate this accurately so you get the maximum allowable deduction without risking an audit.
2. Vehicle and Travel Expenses
Business-related vehicle use and travel costs can add up. From mileage to parking fees and even meals during business trips, many deductions are available. Besalca Inc ensures you track and claim these expenses correctly for the biggest tax benefit.
3. Equipment and Supplies
Purchases of computers, office furniture, and other business equipment can often be deducted or depreciated over time. Our experts guide you through capital expense rules to optimize your deductions while complying with tax laws.
4. Professional Services
Fees paid to accountants, lawyers, consultants, and even marketing agencies are deductible as business expenses. Partnering with Besalca Inc means not only getting expert tax advice but also deducting our own fees as part of your professional services expense.
5. Employee Salaries and Benefits
Salaries, bonuses, and benefits paid to employees, including retirement contributions and health insurance, are deductible. We help you manage payroll to maximize these deductions while ensuring compliance with employment tax laws.
Don’t leave money on the table! Contact Besalca Inc today for a comprehensive tax review and discover deductions you didn’t know you qualified for. Let us help you save more this tax season.