Easy Business Deductions: Save Big on Taxes

Timestamps:
0:17 Lemonade example
1:23 Schedule C expenses
1:56 Accounting software
https://quickbooks.grsm.io/bailizRF This referral link offers 55% off the monthly subscription price of QuickBooks for the first 3 months of service.
Free Google sheets template: https://docs.google.com/spreadsheets/d/1_OvUPgfEDZ5BE2_CmNtNxzhnKaB563CBod6v7k8A7pE/copy
3:20 Track Business miles with Free Stride App: https://youtu.be/BstE5sMnw9g
4:31 Extension
5:00 Amend past 3 years returns
5:48 Home office deduction: https://www.keepertax.com/posts/should-i-use-the-simplified-home-office-deduction

Check out my blog here with additional resources and links mentioned in the video: https://baili.substack.com/p/maximize-your-tax-savings-business

* All videos and content are for entertainment or educational purposes only and should not be construed as financial or investment advice. Any links provided may include referrals that help financially support me and the channel. Referral offers and information provided may change or update over time so make sure to do your own research.