08/24/2026
Not everything is a tax deduction.
Social media has created an entire category of “tax experts” who make it sound like owning a business turns every personal expense into a write-off.
Bought a new car? Write it off.
Took a vacation? Call it a business trip.
Had dinner with friends? Discuss business for five minutes and deduct it.
That is not how the tax code works.
A legitimate business deduction generally needs to be ordinary and necessary for your business, have a clear business purpose, and be properly documented. Even then, certain expenses are limited or only partially deductible.
And remember, a deduction does not make something free. Spending $1,000 just to save a fraction of that amount in taxes still means you spent more money than you saved. And even then if it's an asset and you sell it, you may owe tax based on depreciation recapture depending on your circumstance, losing the tax benefit you wanted in the first place.
A good CPA/ tax planners job is not to find a creative excuse to deduct everything. It is to help you claim every deduction you are legally entitled to while protecting you from positions that will not hold up under scrutiny.
Build your tax strategy around the law and your actual business, not a 30-second video from someone who will not be sitting beside you during an audit.
Good tax planning saves money.
Bad planning creates expensive problems.
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