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Kiplinger
Kiplinger
Business
David Faulkner, CFP®, RICP®

Five Tax Breaks Business Owners Might Not Know About

Two women wearing aprons consult a tablet in a craft store.

As a U.S. citizen and business owner, I really don’t have a problem with paying the taxes I owe. I understand the money the IRS collects (about $4.3 trillion, net, in federal taxes in 2022) goes toward everything from education, transportation and the country’s defense to Social Security, health care and veterans’ benefits.

And yet …

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