Lorena Grant’s Post

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Empowering Entrepreneurs with Profit Maximization, Tax Minimization & Diversified Income Streams via Virtual Bookkeeping and Advisory Services.

Tax Myth Debunking: 💡 🚫 Myth: "I don't need to keep receipts for small purchases; they're not deductible." 🔍 Fact: Every deductible expense counts, no matter the size! While it's true that large expenses often get more attention, those small purchases can add up over time. Keeping track of receipts for items like office supplies, mileage, and meals can help maximize your deductions and reduce your tax bill. Remember, every penny counts when it comes to saving on taxes! #TaxMyth #TaxSavings 🧾💼

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