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hey everyone sherman the cpa here today i want to show you how to properly write off business expenses as tax deductions to lower your taxable income which will result in you paying less taxes now this is very important because the irs can disallow your tax deductions if they are not legitimate so we are going to talk about what legitimate tax write-offs are and the proper documentation and records you need to keep in order to prove this so if you want to pay less taxes and write off business expenses correctly stick around for this full episode and please help me out over here by clicking the like button below [Music] all right so the first step to writing off business expenses is to make sure that your expenses qualify as business tax deductions 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 ing to the irs an ordinary expense is one that is common and acce
