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2021 tax deduction checklist: 10 expenses small business owners can write off

Ruby

Although it may sound like a ton of paperwork (which, to be clear, it is), this time of year also presents tons of savings opportunities for small businesses like yours. With January in the bag, most small business owners have sent out tax forms to their employees and independent contractors.

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Making Taxes Less Taxing

Success

Your accountant can help you with that, or you can learn about them in the IRS Tax Guide for Small Business. With a separate business checking and savings account, you’ll be able to easily track money coming in and out of your business.

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A Letter to Our Customers

Ruby

Dear small business owner, Where to begin? You’ve adopted new protocols and new methods of doing business. As a small business owner, you have the most demanding job in the world—and you’ve done that job throughout one of the most challenging years in the 21st century. Reinvest in your passion.

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my boss’s wife is rude and insulting, and we’re forced to deal with her

Ask a Manager

A reader writes: I work for a small business with a home office on contract. The owner’s wife (who has a full-time job so we never see her) manages the finances; I’ll call her Jane. She’s being rude and insulting, involving me in your personal finances, and making it hard for me to do my job.

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