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as a business owner the most powerful way you can reduce your tax bill is to maximize your tax write-offs but a lot of business owners are doing this completely wrong they are either missing tax deductions or taking deductions that they cannot prove to save their life without proper documentation to support your tax write-offs you risk losing them in the event that the IRS challenges it or even worse you can lose the deduction and be slammed with huge fines penalties and interests now this can easily be prevented by simply following the IRS documentation rules which most business owners are completely unaware of some business owners think that they can just use their bank statements to support expenses they claim as deductions which is not true and others are completely overwhelmed by the receipt requirements because they donamp;#39;t have an easy way to keep track of it so today not only am I going to give you the correct way way to support your tax deductions but I am also going to