Top 5 Tax Deductions Small Business Owners Overlook Every Year
- jcapin2
- Nov 7, 2025
- 1 min read
Running a small business comes with plenty of moving parts—and it’s easy for valuable deductions to slip through the cracks at tax time. Even experienced owners can miss opportunities to save money simply because they’re too busy running the business itself. Here are five commonly overlooked deductions that could make a real difference:
Home Office Expenses If you use part of your home exclusively for business, you may be able to deduct a portion of rent, utilities, and maintenance costs. Even a modest home workspace can translate to meaningful tax savings.
Startup and Organizational Costs Expenses from setting up your business—like licenses, professional fees, and initial marketing—may be deductible. These are easy to miss if you didn’t have income yet during your first year.
Business Mileage and Vehicle Use Driving to meet clients, deliver products, or attend networking events? You can deduct the business portion of vehicle expenses or use the IRS standard mileage rate. Keeping good records is key.
Professional and Technology Services Software subscriptions, accounting fees, and consulting services are legitimate business expenses. These tools help you operate efficiently—and that counts as a deduction.
Continuing Education Workshops, certifications, and online courses related to your field can qualify. Staying sharp in business can actually save you at tax time.
Small deductions can add up quickly. Working with a professional who knows what to look for ensures you’re not leaving money on the table. At Custom Business & Tax Solutions, we help local business owners uncover every possible deduction—so you can keep more of what you’ve earned and plan smarter for the future.
