Small business write-offs are deductions businesses can make to lower their taxable income, allowing them to save money on taxes. This type of deduction is often used to offset things like employee wages and benefits, supplies, transportation costs, repairs and maintenance, investments, and office supplies. It’s important to note that write-offs are often subject to certain requirements in order for businesses to receive the benefit. For example, expenses must be ordinary (normal, common) and necessary for the business to operate efficiently, and records must be kept of the expenses for which a write-off has been claimed. By taking advantage of strategic write-offs, businesses can reduce their overall tax liability and increase the amount of money they keep each year.