The 5 Most Overlooked Tax Deductions episode artwork

EPISODE · Feb 12, 2025 · 13 MIN

The 5 Most Overlooked Tax Deductions

from Life Changing Money with Barbara Schreihans · host Barbara Schreihans

This week on the Life Changing Money podcast, Barbara Schreihans shares the five most overlooked tax deductions that can drastically lower your tax bill.If you’ve ever wondered whether you’re truly maximizing your deductions—or if you’ve been leaving money on the table—this episode is for you!Barbara lays out practical strategies to ensure you’re not missing out on deductions for:💰 Home Office Expenses – The right way to claim your space for maximum savings.🌍 Business Travel – How to legally write off flights, hotels, and meals.📚 Education & Training – Why courses, books, and masterminds count as deductions.🛠 Professional Memberships & Subscriptions – How your memberships can work for you at tax time.🍽 Meals & Entertainment – The rules for deducting 90% of your meals.Plus, she’ll explain how to avoid common tax mistakes that could flag an audit!📢 And don’t forget to join the:🚨 FREE Write Off Your Life Masterclass happening Feb 20th!Join the waitlist for Minted Wealth Live™ 2025How To Get Involved:Life-Changing Money is a podcast all about money. We share stories of how money has impacted and radically changed the lives of others—and how it can do the same for you.Your host, Barbara Schreihans (pronounced ShREE-hands) is the founder and CEO of Your Tax Coach, and the creator of the Write Off Your Life Course. She is a top tax strategist, business coach, and expert in helping business owners and high-net-worth individuals save millions in taxes while increasing profits.When she’s not leading her team, coaching clients, or dreaming up new goals for her company, you can find her drinking coffee, hanging out with her family, and traveling the world.Grab a cup of coffee and become inspired as we hear from those who have overcome and are overcoming their self-limiting beliefs and money mindsets!Do you have a burning question that you’d love to hear answered on a future show?Please email it to: [email protected] Up For Our NewsletterLife Changing Money PodcastGet Tax Help!

Welcome to another episode of the Life Changing Money podcast! In this episode, Barbara Schreihans dives into the five most overlooked tax deductions that could save business owners thousands of dollars each year. Most entrepreneurs are overpaying the IRS simply because they don’t know what they can legally write off! Barbara breaks down home office expenses, business travel deductions, professional memberships, education costs, and meal write-offs, explaining how to maximize tax savings while staying compliant. If you’re a business owner who wants to keep more of your hard-earned money, this episode is a must-listen!

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The 5 Most Overlooked Tax Deductions

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How long is this episode of Life Changing Money with Barbara Schreihans?

This episode is 13 minutes long.

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This episode was published on February 12, 2025.

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This week on the Life Changing Money podcast, Barbara Schreihans shares the five most overlooked tax deductions that can drastically lower your tax bill.If you’ve ever wondered whether you’re truly maximizing your deductions—or if you’ve been...

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