Hey SLPs, What is Tax Deductible in Your Small Business in 2024?

As a business owner, the easiest way to reduce your taxes is through small business tax deductions. Yet, did you know that 90% of business owners overpay their taxes simply because they miss out on write-offs they are already eligible for? This happens because many small business owners, and even some accountants, aren’t fully aware of the tax deductions available to them.

If you’re a Speech-Language Pathologist running your own practice, this information is even more vital. Knowing what you can deduct can save you thousands of dollars each year. But where do you start?

In my one-hour presentation, “Hey SLPs, What is Tax Deductible in Your Small Business in 2024?” I’ll walk you through everything you need to know to start maximizing your tax savings. You’ll learn what qualifies as a business tax deduction, how to document your expenses correctly, and most importantly, how to keep more of your hard-earned money in your pocket!

What is a Small Business Tax Deduction?

A tax deduction, also known as a tax write-off, refers to any ordinary and necessary expense incurred while running your business. These eligible expenses reduce your taxable income, ultimately lowering your tax liability. While the IRS offers some guidelines, the definition of “ordinary and necessary” is fairly broad—meaning that many everyday expenses might qualify for a deduction.

Why Do Most SLPs Overpay Their Taxes?

Because they fail to deduct expenses they’re already paying for! Many SLPs are unaware of the various deductions available to them, and as a result, they miss out on major tax savings. Don’t let that happen to you!

In my presentation, we’ll dive into the top 30 tax deductions for small business owners, including:

• Office expenses (yes, that includes your home office!).

• Continuing education (courses, workshops, certifications).

• Marketing costs (websites, social media ads).

• Travel expenses (even conferences count!).

• And so much more!

Why Attend?

By the end of the hour, you’ll have a clear understanding of:

• What counts as a deductible business expense.

• How to track and document expenses properly.

• The exact deductions that apply to your SLP practice.

You’ve worked hard to build your small business. Now it’s time to learn how to keep more of the income you’ve earned. Join me for this informative session and make 2024 the year you maximize your tax savings!

Don’t miss out on potential savings—

register today!