Business Owner? Here’s What You Might Be Missing About Write-Offs
You’re either leaving money on the table or risking an audit—and neither is a great place to be.
Let’s be honest: most business owners fall into one of two camps when it comes to tax write-offs.
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Too cautious. You’re afraid to deduct your home office because your cousin’s friend oncehea got audited in 2006.
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Too aggressive. You’ve convinced yourself that your dog’s grooming is a marketing expense.
Somewhere in between is a smarter, more strategic path—and most business owners aren’t getting the guidance they need to find it.
The Real Cost of Write-Off Confusion
From home offices to meals to the “bundle it and write it off” tactic, the IRS rules aren’t always black and white. That’s where strategy comes in. But here’s the catch: most CPAs aren’t proactively telling you what’s possible—they’re just reacting to what you give them at tax time.
Here’s what that might mean for your bottom line:
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You’re not claiming deductions you could be taking (home office, partial business use of utilities, even bookkeeping services).
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You’re claiming things that don’t hold up under scrutiny—and increasing your audit risk.
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You’re missing the chance to bundle expenses strategically (yes, that’s a thing) to make them deductible within the rules.
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You’re relying on outdated tax advice that doesn’t apply to your real-world business model.
Common Myths That Are Costing You
Instead of a giant list of what is or isn’t deductible, here are a few mindset traps to avoid:
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“I’ll just deduct it and see if it sticks.”
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“If I don’t deduct much, I’ll fly under the radar.”
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“My CPA would tell me if I was missing something important.”
The truth? Write-offs are only as powerful as your strategy—and your strategy is only as good as your advisor.
That’s exactly why we created the Summit Masterclass—a straight-talking guide to the most misunderstood write-offs, what’s actually deductible, and how to use strategic tax planning to your advantage.
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Many business owners over- or under-deduct out of fear or misinformation
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Home offices, meals, and bundling deductions are often misunderstood
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Most CPAs don’t proactively advise on strategic tax planning
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The right strategy can help you save and stay audit-safe
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You don’t have to figure it out alone
📚 Want to Be Smarter About Write-Offs?
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Explore the Proactive Package – our signature monthly bookkeeping + tax strategy combo:
https://heartfeltcfoandtaxservices.com/our-packages/ -
Learn what your CPA probably isn’t telling you in the Summit Masterclass, along with other tools built for business owners who want to stay sharp and save more.
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Book a supportive, judgment-free discovery call with Margo to talk through your tax concerns and get clear next steps.
Because taxes and finances don’t have to be stressful—and you don’t have to figure them out alone.