<h1>Understanding Business Deductions: The Small Business Dilemma</h1>
Tyler?
Yep.
Looks like you made $50,000 this year from your small business.
Yep.
So you owe us.
Nothing.
$5,000 was a car lease.
$6,000 travel expenses.
$7,000 continuing education.
$3,000 for computers.
$4,000 spent on advertising.
$5,000 on tax guidance.
We spent $20,000 on payroll.
So I owe you nothing.
But you also made nothing.
But you don't get any of my money.
You didn't get your money.
Huh.
So... lose-lose?
Let's call this one a draw.
Maybe next time don't take deductions just for the sake of taking deductions.