When it comes to running a small business, making the most of tax deductions can have a big impact on your bottom line. I know tax write-offs can be confusing and overwhelming, so I’m excited to introduce you to someone who makes it all feel a bit easier—my friend and accountant, Amber Aguilar of Amber Aguilar Inc.
Amber and I have worked together for years, and I fully trust her expert advice when it comes to navigating the complexities of tax write-offs. She’s not only helped me, but she’s also helped countless small business owners understand the importance of maximizing tax savings. Amber’s unique approach to tax preparation ensures her clients are informed, confident, and fully equipped to make the best decisions for their business.
Amber has over 17 years of experience in the tax industry. She worked for a small family-owned tax business before branching out on her own as a self-employed Enrolled Agent. Here’s Amber to share her insight on tax write-offs and why they’re essential for small business owners like you!
Meet Amber
“My name is Amber, and I have over 17 years of experience in the tax industry. I worked for a small family-owned tax business before branching out on my own as a self-employed Enrolled Agent.
My approach to tax preparation is a bit different than traditional accountants. I strive to ensure that my clients have a clear understanding of their return. I take the time to thoroughly review and summarize the figures, explaining how we arrived at the final numbers and exploring any potential tax savings opportunities. As a small business owner, I understand how important this is.
I take pride in simplifying the tax process for my clients and making what can be a tedious process as enjoyable as possible.”
Amber’s Advice…
What Are Tax Write-Offs?
A tax write-off (also known as a tax deduction) is a legitimate business expense that you can subtract from your total income when calculating your taxes. These deductions reduce your taxable income, lowering the amount of tax you owe. For small business owners, many expenses incurred to run your business—like investing in a new website or rebranding—are tax-deductible.
Why Are Tax Write-Offs Important?
Tax write-offs are crucial for small business owners because they help minimize tax liabilities, allowing you to reinvest more money back into your business. Deductions can cover a wide range of expenses, from office supplies to marketing, which means you can claim deductions on the tools and services that help grow your business.
Invest in Your Website & Branding – And Save!
Here’s the exciting part: investing in a new website or rebranding is considered a business expense, meaning it’s tax-deductible. If you book a website or branding package with me before the year ends, you can deduct it as a marketing or advertising expense for the 2024 tax year.
A website is often the first point of contact for potential clients, and branding creates the emotional connection that sets your business apart. By making these investments, you’re positioning your business for growth in 2025 and saving money on your taxes this year.
Don’t Miss the 2024 Tax Deadline!
To apply your website or branding expenses to your 2024 taxes, the investment must be made before December 31, 2024. Now is the perfect time to invest in your business and reduce your taxable income for the current year.
Ready to Save & Upgrade Your Business?
If you’ve been thinking about launching a new website or rebranding, there’s no better time to do it. With tax season right around the corner, investing now allows you to deduct the expense and reduce your tax burden. Not only will you save money, but you’ll also be setting your business up for success in 2025.
Courtney’s Wrap Up…
Tax write-offs are essential for small business owners, and making the right investments can save you money. Whether it’s upgrading your website or investing in your brand, these business expenses are deductible and can lower your taxes for 2024.
If you have any questions about how this works, I highly recommend reaching out to Amber! She’s been so great at helping me to make sure I get the most out of my tax deductions and I know she would be great at helping you too!
And if you want to grab one of my final website or branding spots for 2024 – reach out now!