5 Popular Tax Deductions and How They ACTUALLY WORK | Jamie O'Kane

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What tax deductions should you make sure to take on your 2022 tax return? Today we are looking at 5 popular tax deductions and giving a bit more context into how they work. As always, contact your Tax Professional, or visit our website https://www.abundantbeans.com for more information.

What tax deductions you ask?

1. Cell phone. Can you just straight deduct this?

2. Meals - some say these are 100% deductible.

3. Vehicles. Don't get me started...

4. Children!

5. Your EQUIPMENT! This is especially important for our veterinarians!

Until next time, be abundant!

To learn more and to access our ERC Eligibility Estimator, please visit:

Employee Tax Credit

Are you interested in claiming the ERC? We're happy to help you! To access our Employee Retention Credit Analysis & Filing Services, please visit:

ERC Analysis & Filing Services


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Jamie O'Kane