Common "Hidden" Deductions We Uncover for You
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Home Office and Utility Allocations: If you work from home, a portion of your mortgage, utilities, and internet is likely deductible. Bookkeeping Services in Cincinnati. However, calculating the exact square footage and percentage of use requires precise records to withstand an audit. We handle the math so you get the maximum benefit.
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Vehicle and Travel Nuances: Many owners take the standard mileage rate because it’s "easier," but for many, the actual expense method (including depreciation and repairs) offers a much higher deduction. We track both to ensure you choose the path that saves you the most.
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Professional Development and Subscriptions: That industry-specific magazine, the online course to improve your skills, or the annual dues for your networking group are all deductible. Because these are often small charges, they are the most likely to be forgotten—unless they are tracked daily.
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Section 179 and Equipment Depreciation: If you purchased a computer, a piece of machinery, or office furniture this year, you may be able to deduct the entire cost in a single year rather than spreading it out over a decade. We ensure your assets are categorized to take advantage of these aggressive tax-saving strategies.
