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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 Steph Wagner •
Opinions expressed by Entrepreneur contributors are their own.
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.
Related: S-Corps and Tax Advantages: What to Know
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