Uploaded October 2023 | Updated September 2026, 1 week ago
Hey there, fellow small business owners! Does the word "taxes" make you cringe? You're not alone! Even as a seasoned CPA, I've come across tax questions that are real head-scratchers. That's why in today's video, I'm tackling the Top 3 Tax Questions that every small business owner MUST know.
These aren't your run-of-the-mill tax tips; these are insights you won't get just anywhere. So why not make tax season a little less daunting? Don't miss out—hit that Subscribe button and ring the notification bell so you never miss out on essential CPA tips and advice tailored just for you! 👇
🛑 Freelancers & Side Hustlers: Simplify Your Taxes! Download My Ultimate Guide to Side Hustle Taxes Now!
noellorenzanacpa.com/opt-in-filing-taxes-and-saving-money-ebook
☕ Buy Me a Coffee: Help support the channel!
buymeacoffee.com/NoelLorenzana
Hi, I'm Noel Lorenzana, a Registered CPA based in Illinois. I created this channel to help everyday people better understand money, protect their wealth, and prepare for whatever comes next through thoughtful discussions about gold and silver, wealth management, and tax strategy.
On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.
★CONNECT WITH ME ON SOCIAL MEDIA ★
Website: noellorenzanacpa.com
Facebook: web.facebook.com/noelblorenzana
LinkedIn: linkedin.com/in/noellorenzanacpa
🎥 RECOMMENDED VIDEOS 🎥
youtu.be/Z0jtyr3VKQs
youtu.be/zM8iqwlPH70
youtu.be/X1dCHl4Vc64
Thanks for watching my video on, Top 3 Tax Questions Every Small Business Owner Needs to Know!
Disclaimer: The information presented in this video is for informational and educational purposes only and should not be considered accounting, tax, legal, financial, or investment advice. Watching this video does not create a client relationship. While I strive for accuracy, I cannot guarantee that all information is complete, current, or applicable to your specific situation. Always consult with a qualified professional before making financial, tax, or investment decisions.
Affiliate Disclosure: Some links in the description may be affiliate links, which means I may earn a commission if you purchase through them at no additional cost to you. I only recommend products and services that I have personally researched, use, or believe provide genuine value to my audience.
⏱️VIDEO CHAPTERS⏱️
00:00 - Top 3 Tax Questions Every Small Business Owner Needs to Know
00:49 - Question 1. What Can I Write Off as a Small Business Owner?
02:46 - Question 2. How to Calculate Business Expenses When Using Personal Car?
03:04 - The Actual Expense Method Vs. The Standard Mileage Rate Method
04:14 - Question Number 3. Do I Qualify For The Home Office Deduction?
05:25 - Home Office Deduction: The Regular Expense Method Vs. The Simplified Method
Replay Video Link: youtu.be/RszTSm36qCE
#SmallBusiness #TaxQuestions #businesstaxes
Hey there, fellow small business owners! Does the word "taxes" make you cringe? You're not alone! Even as a seasoned CPA, I've come across tax questions that are real head-scratchers. That's why in today's video, I'm tackling the Top 3 Tax Questions that every small business owner MUST know.
These aren't your run-of-the-mill tax tips; these are insights you won't get just anywhere. So why not make tax season a little less daunting? Don't miss out—hit that Subscribe button and ring the notification bell so you never miss out on essential CPA tips and advice tailored just for you! 👇
🛑 Freelancers & Side Hustlers: Simplify Your Taxes! Download My Ultimate Guide to Side Hustle Taxes Now!
noellorenzanacpa.com/opt-in-filing-taxes-and-saving-money-ebook
☕ Buy Me a Coffee: Help support the channel!
buymeacoffee.com/NoelLorenzana
Hi, I'm Noel Lorenzana, a Registered CPA based in Illinois. I created this channel to help everyday people better understand money, protect their wealth, and prepare for whatever comes next through thoughtful discussions about gold and silver, wealth management, and tax strategy.
On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.
★CONNECT WITH ME ON SOCIAL MEDIA ★
Website: noellorenzanacpa.com
Facebook: web.facebook.com/noelblorenzana
LinkedIn: linkedin.com/in/noellorenzanacpa
🎥 RECOMMENDED VIDEOS 🎥
youtu.be/Z0jtyr3VKQs
youtu.be/zM8iqwlPH70
youtu.be/X1dCHl4Vc64
Thanks for watching my video on, Top 3 Tax Questions Every Small Business Owner Needs to Know!
Disclaimer: The information presented in this video is for informational and educational purposes only and should not be considered accounting, tax, legal, financial, or investment advice. Watching this video does not create a client relationship. While I strive for accuracy, I cannot guarantee that all information is complete, current, or applicable to your specific situation. Always consult with a qualified professional before making financial, tax, or investment decisions.
Affiliate Disclosure: Some links in the description may be affiliate links, which means I may earn a commission if you purchase through them at no additional cost to you. I only recommend products and services that I have personally researched, use, or believe provide genuine value to my audience.
⏱️VIDEO CHAPTERS⏱️
00:00 - Top 3 Tax Questions Every Small Business Owner Needs to Know
00:49 - Question 1. What Can I Write Off as a Small Business Owner?
02:46 - Question 2. How to Calculate Business Expenses When Using Personal Car?
03:04 - The Actual Expense Method Vs. The Standard Mileage Rate Method
04:14 - Question Number 3. Do I Qualify For The Home Office Deduction?
05:25 - Home Office Deduction: The Regular Expense Method Vs. The Simplified Method
Replay Video Link: youtu.be/RszTSm36qCE
#SmallBusiness #TaxQuestions #businesstaxes
