{"id":525,"date":"2021-10-21T08:03:02","date_gmt":"2021-10-21T15:03:02","guid":{"rendered":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/?p=525"},"modified":"2021-10-27T00:19:52","modified_gmt":"2021-10-27T07:19:52","slug":"tax-write-offs-for-small-businesses","status":"publish","type":"post","link":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/","title":{"rendered":"Tax Write-offs for Small Businesses"},"content":{"rendered":"\n<p>You are working hard making your small business profitable. Expenses are piling and tax write-offs (i.e., deductions) are a helpful relief for your small business on tax day.  <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Can A Small Business Write-off?<\/h2>\n\n\n\n<p>Your business expenses can translate into tax write-offs if they are considered essential to your business and common in your industry. Here&#8217;s a list of common deductions made by business owners in any given tax year:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Office space rent or used for business, including home offices<\/li><li>Related utilities; home-based business owner can deduct a percentage of their home utilities total<\/li><li>Office expenses, such as paper and printer ink<\/li><li>Equipment (from computers to specialized tools and machinery)<\/li><li>Internet and phone<\/li><li>Software<\/li><li>Payments to employees and independent contractors<\/li><li>Business related training and education (including subscriptions and publications)<\/li><li>Credit card processing fees, merchant and gateway fees<\/li><li>Advertising and marketing, website related expenses<\/li><li>Taxes (real estate taxes, payroll\/self-employment taxes, etc.)<\/li><li>Business insurance and E&amp;O insurance coverage<\/li><li>Local and state business license fees<\/li><li>Retirement plans and other benefits<\/li><li>Interest payments<\/li><li>Business travel, vehicle used<\/li><li>Business meals (50% can be deducted)<\/li><\/ul>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">For all your credit repair needs, call <a href=\"tel:702.541.8216\">702.541.8216<\/a><\/h3>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>You are working hard making your small business profitable. Expenses are piling and tax write-offs (i.e., deductions) are a helpful relief for your small business on tax day. What Can A Small Business Write-off? Your business expenses can translate into tax write-offs if they are considered essential to your business and common in your industry. &hellip; <a href=\"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Tax Write-offs for Small Businesses<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":533,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[69,33],"class_list":["post-525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-income-tax-return","tag-taxes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tax Write-offs for Small Businesses - Fast Credit Solutions<\/title>\n<meta name=\"description\" content=\"Tax write-offs are deductions prior to tax calculation that a small business owner can apply on their federal income tax returns.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tax Write-offs for Small Businesses - Fast Credit Solutions\" \/>\n<meta property=\"og:description\" content=\"Tax write-offs are deductions prior to tax calculation that a small business owner can apply on their federal income tax returns.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/\" \/>\n<meta property=\"og:site_name\" content=\"Fast Credit Solutions\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/fastcreditsolutions\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-21T15:03:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-27T07:19:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i1.wp.com\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-content\/uploads\/2021\/10\/small-business-tax-write-offs.jpg?fit=1280%2C853&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"LVWS\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@fastcreditfix\" \/>\n<meta name=\"twitter:site\" content=\"@fastcreditfix\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"LVWS\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/tax-write-offs-for-small-businesses\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/tax-write-offs-for-small-businesses\\\/\"},\"author\":{\"name\":\"LVWS\",\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/#\\\/schema\\\/person\\\/792d112943c924852c6986135e60f3f5\"},\"headline\":\"Tax Write-offs for Small Businesses\",\"datePublished\":\"2021-10-21T15:03:02+00:00\",\"dateModified\":\"2021-10-27T07:19:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/tax-write-offs-for-small-businesses\\\/\"},\"wordCount\":195,\"publisher\":{\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/tax-write-offs-for-small-businesses\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/small-business-tax-write-offs.jpg?fit=1280%2C853&ssl=1\",\"keywords\":[\"income tax return\",\"taxes\"],\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/tax-write-offs-for-small-businesses\\\/\",\"url\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/tax-write-offs-for-small-businesses\\\/\",\"name\":\"Tax Write-offs for Small Businesses - Fast Credit Solutions\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/tax-write-offs-for-small-businesses\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/tax-write-offs-for-small-businesses\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/small-business-tax-write-offs.jpg?fit=1280%2C853&ssl=1\",\"datePublished\":\"2021-10-21T15:03:02+00:00\",\"dateModified\":\"2021-10-27T07:19:52+00:00\",\"description\":\"Tax write-offs are deductions prior to tax calculation that a small business owner can apply on their federal income tax returns.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/tax-write-offs-for-small-businesses\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/tax-write-offs-for-small-businesses\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/tax-write-offs-for-small-businesses\\\/#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/small-business-tax-write-offs.jpg?fit=1280%2C853&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/small-business-tax-write-offs.jpg?fit=1280%2C853&ssl=1\",\"width\":1280,\"height\":853,\"caption\":\"small business tax write-offs\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/tax-write-offs-for-small-businesses\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tax Write-offs for Small Businesses\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/#website\",\"url\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/\",\"name\":\"Fast Credit Solutions\",\"description\":\"Las Vegas Credit Repair\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/#organization\",\"name\":\"Fast Credit Solutions\",\"url\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/FCS-logo.jpg?fit=289%2C159&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/FCS-logo.jpg?fit=289%2C159&ssl=1\",\"width\":289,\"height\":159,\"caption\":\"Fast Credit Solutions\"},\"image\":{\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/fastcreditsolutions\",\"https:\\\/\\\/x.com\\\/fastcreditfix\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/#\\\/schema\\\/person\\\/792d112943c924852c6986135e60f3f5\",\"name\":\"LVWS\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/646a25b1f6dea9a91295ed17871ea81f5fb0a5e21c7f81c7076288d50dbc2254?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/646a25b1f6dea9a91295ed17871ea81f5fb0a5e21c7f81c7076288d50dbc2254?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/646a25b1f6dea9a91295ed17871ea81f5fb0a5e21c7f81c7076288d50dbc2254?s=96&d=mm&r=g\",\"caption\":\"LVWS\"},\"sameAs\":[\"http:\\\/\\\/www.lasvegaswebsitesolutions.com\"],\"url\":\"https:\\\/\\\/www.fastcreditsolutions.net\\\/credit_repair_blog\\\/author\\\/lvws\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tax Write-offs for Small Businesses - Fast Credit Solutions","description":"Tax write-offs are deductions prior to tax calculation that a small business owner can apply on their federal income tax returns.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/","og_locale":"en_US","og_type":"article","og_title":"Tax Write-offs for Small Businesses - Fast Credit Solutions","og_description":"Tax write-offs are deductions prior to tax calculation that a small business owner can apply on their federal income tax returns.","og_url":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/","og_site_name":"Fast Credit Solutions","article_publisher":"https:\/\/www.facebook.com\/fastcreditsolutions","article_published_time":"2021-10-21T15:03:02+00:00","article_modified_time":"2021-10-27T07:19:52+00:00","og_image":[{"width":1280,"height":853,"url":"https:\/\/i1.wp.com\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-content\/uploads\/2021\/10\/small-business-tax-write-offs.jpg?fit=1280%2C853&ssl=1","type":"image\/jpeg"}],"author":"LVWS","twitter_card":"summary_large_image","twitter_creator":"@fastcreditfix","twitter_site":"@fastcreditfix","twitter_misc":{"Written by":"LVWS","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/#article","isPartOf":{"@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/"},"author":{"name":"LVWS","@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/#\/schema\/person\/792d112943c924852c6986135e60f3f5"},"headline":"Tax Write-offs for Small Businesses","datePublished":"2021-10-21T15:03:02+00:00","dateModified":"2021-10-27T07:19:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/"},"wordCount":195,"publisher":{"@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/#organization"},"image":{"@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-content\/uploads\/2021\/10\/small-business-tax-write-offs.jpg?fit=1280%2C853&ssl=1","keywords":["income tax return","taxes"],"articleSection":["Blog"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/","url":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/","name":"Tax Write-offs for Small Businesses - Fast Credit Solutions","isPartOf":{"@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/#primaryimage"},"image":{"@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-content\/uploads\/2021\/10\/small-business-tax-write-offs.jpg?fit=1280%2C853&ssl=1","datePublished":"2021-10-21T15:03:02+00:00","dateModified":"2021-10-27T07:19:52+00:00","description":"Tax write-offs are deductions prior to tax calculation that a small business owner can apply on their federal income tax returns.","breadcrumb":{"@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/#primaryimage","url":"https:\/\/i0.wp.com\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-content\/uploads\/2021\/10\/small-business-tax-write-offs.jpg?fit=1280%2C853&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-content\/uploads\/2021\/10\/small-business-tax-write-offs.jpg?fit=1280%2C853&ssl=1","width":1280,"height":853,"caption":"small business tax write-offs"},{"@type":"BreadcrumbList","@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-write-offs-for-small-businesses\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/"},{"@type":"ListItem","position":2,"name":"Tax Write-offs for Small Businesses"}]},{"@type":"WebSite","@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/#website","url":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/","name":"Fast Credit Solutions","description":"Las Vegas Credit Repair","publisher":{"@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/#organization","name":"Fast Credit Solutions","url":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-content\/uploads\/2022\/12\/FCS-logo.jpg?fit=289%2C159&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-content\/uploads\/2022\/12\/FCS-logo.jpg?fit=289%2C159&ssl=1","width":289,"height":159,"caption":"Fast Credit Solutions"},"image":{"@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/fastcreditsolutions","https:\/\/x.com\/fastcreditfix"]},{"@type":"Person","@id":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/#\/schema\/person\/792d112943c924852c6986135e60f3f5","name":"LVWS","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/646a25b1f6dea9a91295ed17871ea81f5fb0a5e21c7f81c7076288d50dbc2254?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/646a25b1f6dea9a91295ed17871ea81f5fb0a5e21c7f81c7076288d50dbc2254?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/646a25b1f6dea9a91295ed17871ea81f5fb0a5e21c7f81c7076288d50dbc2254?s=96&d=mm&r=g","caption":"LVWS"},"sameAs":["http:\/\/www.lasvegaswebsitesolutions.com"],"url":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/author\/lvws\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-content\/uploads\/2021\/10\/small-business-tax-write-offs.jpg?fit=1280%2C853&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8zDec-8t","jetpack-related-posts":[{"id":542,"url":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/business-expenses-that-can-be-deducted-on-schedule-c\/","url_meta":{"origin":525,"position":0},"title":"Business Expenses That Can Be deducted On Schedule C","author":"fcsadmin","date":"January 19, 2022","format":false,"excerpt":"The IRS indicates that a business expense is deductible if it is ordinary, necessary and directly related to running a business. The following categories are included on the Schedule C, IRS form, used by sole proprietors to report their income: AdvertisingCar and truck expensesCommissions and fees, contract laborDepletionDepreciation and section\u2026","rel":"","context":"In &quot;Blog&quot;","block_context":{"text":"Blog","link":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/category\/blog\/"},"img":{"alt_text":"IRS schedule C 2021","src":"https:\/\/i0.wp.com\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-content\/uploads\/2022\/01\/irs-schedule-C-2021.jpg?fit=648%2C837&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-content\/uploads\/2022\/01\/irs-schedule-C-2021.jpg?fit=648%2C837&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-content\/uploads\/2022\/01\/irs-schedule-C-2021.jpg?fit=648%2C837&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":342,"url":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-credits-and-deductions-for-individuals\/","url_meta":{"origin":525,"position":1},"title":"Tax Credits and Deductions for Individuals","author":"fcsadmin","date":"February 24, 2020","format":false,"excerpt":"Tax credits are amounts that you can subtract from the amount of tax you owe. There are two types of tax credits. NonrefundableRefundable The tax credits for individuals can also be divided as: Family and dependent creditsIncome and savings creditsHomeowner creditsHealth care creditsEducation credits Individual tax deductions are amounts that\u2026","rel":"","context":"In &quot;Blog&quot;","block_context":{"text":"Blog","link":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/category\/blog\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":238,"url":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/tax-deductible-loan-interests\/","url_meta":{"origin":525,"position":2},"title":"Tax Deductible Loan Interests","author":"fcsadmin","date":"September 18, 2018","format":false,"excerpt":"The following loan interests are tax deductible, either fully or partially: Education-related loan interest Business loan interest Investment loan interest Mortgage loan interest","rel":"","context":"In &quot;Blog&quot;","block_context":{"text":"Blog","link":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/category\/blog\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":689,"url":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/reminder-october-tax-filing-deadline-is-approaching\/","url_meta":{"origin":525,"position":3},"title":"Reminder: October Tax Filing Deadline is Approaching!","author":"LVWS","date":"September 24, 2024","format":false,"excerpt":"If you filed for a tax extension earlier this year, the extended deadline is right around the corner! Mark your calendar for October 15, 2024, as this is your last chance to file your federal income tax return. This deadline applies to both individual taxpayers and businesses that requested extensions.\u2026","rel":"","context":"In &quot;Blog&quot;","block_context":{"text":"Blog","link":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/category\/blog\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":519,"url":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/federal-income-tax-owed\/","url_meta":{"origin":525,"position":4},"title":"Federal Income Tax Owed","author":"LVWS","date":"July 19, 2021","format":false,"excerpt":"About 79 million households, or 44% of total households in the USA, didn't pay federal income taxes in 2019. In 2020, the number increased to 107 million US households, an equivalent of about 61%. This huge spike was as a result of the shut-down that happened due to the COVID-19\u2026","rel":"","context":"In &quot;Blog&quot;","block_context":{"text":"Blog","link":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/category\/blog\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":898,"url":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/how-to-fix-your-credit-fast-a-step-by-step-guide-2026\/","url_meta":{"origin":525,"position":5},"title":"How to Fix Your Credit Fast: A Step-by-Step Guide (2026)","author":"Daniel LVWS","date":"April 6, 2026","format":false,"excerpt":"A bad credit score can cost you thousands in higher interest rates, block you from renting an apartment, and even hurt your chances of landing a job. The good news? You don't need years to turn things around. This guide breaks down exactly how to fix your credit fast using\u2026","rel":"","context":"In &quot;Blog&quot;","block_context":{"text":"Blog","link":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/category\/blog\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-json\/wp\/v2\/posts\/525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-json\/wp\/v2\/comments?post=525"}],"version-history":[{"count":2,"href":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-json\/wp\/v2\/posts\/525\/revisions"}],"predecessor-version":[{"id":531,"href":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-json\/wp\/v2\/posts\/525\/revisions\/531"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-json\/wp\/v2\/media\/533"}],"wp:attachment":[{"href":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-json\/wp\/v2\/media?parent=525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-json\/wp\/v2\/categories?post=525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fastcreditsolutions.net\/credit_repair_blog\/wp-json\/wp\/v2\/tags?post=525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}