Subscribe to Entrepreneur for $5
Subscribe

Follow These 3 Savvy End-of-Year Tax Tips

There's an antidote to the end-of-the-year rush to stock up on business expenses.

By
This story appears in the October 2016 issue of Entrepreneur. Subscribe »

Once I became a business owner, I developed a curious obsession for paying as little in taxes as possible. Despite knowing better, I’d find myself scrambling toward the end of each year to buy a bunch of extra crap (even a new car!) that I didn’t really need, all to maximize my business expenses and reduce my taxable income.

David Rinella

Related: S-Corps and Tax Advantages: What to Know

Continue reading this article - and everything on Entrepreneur!

Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.

Entrepreneur Editors' Picks