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hey sherman the cpa here at life accounting today i want to help you save on taxes by giving you the biggest tax write-offs for small businesses in 2022. millions of people overpay on their taxes every single year because they fail to take the tax deductions that iamp;#39;m about to share with you right now my last video on this topic helped nearly 500 000 people last year and i will provide you with even more helpful information in todayamp;#39;s episode so stick around until the end take out a notepad to jot this stuff down and go ahead and like this video to help us get this information out to more business owners like yourself all right so first and foremost you need to understand how tax deductions work section 162 of the internal revenue code says that you can deduct all ordinary and necessary expenses paid or incurred during the taxable year to carry on any trade or business so basically you can deduct expenses that you incur to run your business for example letamp;#3