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What are Tax Write-Offs? Tax Deductions Explained by a CPA!

People are paying WAY too much in taxes because they are missing out on Tax Write-Offs. Become a Tax Client: https://mycpacoach.com/tax-planning-s... More than 2 million people overpay on their income taxes every year. And many are missing out on tax deductions that can LEGALLY lower their tax liability. In today's episode, I am going to give you the BEST explanation of tax deductions so you DON'T miss out on another tax deduction again. Outline: Intro: (0:00) How Taxes Work: (1:45) How the Standard Deduction Works: (2:40) Types of Tax Deductions: (3:20) What are Business Tax Deductions?: (3:40) How Business Tax Deductions Work: (4:50) Misconceptions about Tax Deductions: (6:19) How to Take Business Tax Deductions (8:10) Recap: (11:00)

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