Kova

Your finances, finally clear. Kova manages your personal and business books, finds tax write-offs, tracks your financial goals, and delivers...
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Created byProfile pictureWaseem Limbada
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Waseem LimbadaProfile picture@waseem0205·May 19

5 Tax Write-Offs Most Small Business Owners Miss Every Year

Most small business owners leave $5,000-$15,000 on the table every year in missed deductions. Here are 5 that get overlooked constantly:


1. Home office deduction — If you work from home even part-time, you can deduct a portion of rent, utilities, and internet. Most people skip this because they think it triggers audits. It doesn't.


2. Vehicle mileage — Every mile driven for business purposes is deductible at $0.67/mile. That adds up to thousands if you're not tracking it.


3. Software subscriptions — Every SaaS tool you use for business (project management, accounting, design, AI tools) is fully deductible. Stop forgetting these.


4. Professional development — Courses, books, conferences, coaching — if it makes you better at your job, it's a write-off.


5. Health insurance premiums — Self-employed? Your health insurance premiums are 100% deductible. This one alone can save you $3,000-$8,000/year.


The problem isn't that these deductions don't exist — it's that nobody's tracking them systematically. That's exactly why we built Kova. We cross-reference every transaction against industry-specific deductions automatically, so you never miss a legitimate write-off again.


Your finances deserve clarity, not guesswork.