Tax Deductions for 2026

Let’s be real…

Nobody wants to pay more taxes than they have to.

The good news?

There are deductions available that can significantly reduce your tax bill—if you know what to look for.

1. Home Office Deduction

If you work from home—even part-time—you may qualify.

✔ Must be used regularly and exclusively for business

✔ Can include a portion of rent, utilities, and internet

2. Vehicle Expenses

Using your car for business?

You can deduct:



• Mileage
• Gas
• Maintenance
• Insurance (portion)

Tip: Keep a mileage log—it matters!

3. Supplies & Equipment

Everything you use to run your business counts, such as:

• Tools
• Software subscriptions
• Office supplies
• Equipment purchases

4. Phone & Internet

If you use your phone for business:

✔ You can deduct the business portion

Same goes for your internet.

5. Marketing & Advertising

This includes:

• Social media ads
• Website costs
• Business cards
• Branding materials

Yes—your Canva subscription counts too

6. Professional Services

Hiring help?

You can deduct:

• Bookkeeping services
• Tax preparation
• Legal services

(Yes, working with C’More Bookkeeping & Tax is a deduction)

7. Business Meals

• 50% deductible in most cases
• Must be business-related

Common Mistakes to Avoid

• Guessing expenses
• Mixing personal and business spending
• Not keeping receipts
• Waiting until tax season to organize

Pro Tip

The best way to maximize deductions is to track them all year long—not at the last minute.

Final Thoughts

Deductions aren’t just about saving money…

They’re about running your business smarter.

Want to make sure you’re not missing deductions?

Let’s get your books organized and your taxes working in your favor.