Nine Ways Small Business Owners Can Save on Taxes in 2023

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(Photo courtesy of COCC)

If you’re a small business owner, you probably feel like you’re always shelling out money. Here are nine ways to recoup some of that cash at tax time.

Key Points:

  • Many of your everyday operating expenses are tax deductible.
  • Saving for your future may put extra money in your pocket today.
  • A tax consultant can be your best friend when it’s time to gather deductions.

Resource: The Ascent, a Motley Fool company

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Founded in 1994 by the late Pamela Hulse Andrews, Cascade Business News (CBN) became Central Oregon’s premier business publication. CascadeBusNews.com • CBN@CascadeBusNews.com

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