How to Track LLC Expenses to Maximize Tax Deductions

Track and organize your LLC income and expenses in minutes with FreshBooks here: https://startupwise.com/freshbooks/ ^ Get 50% off for 6 months Open a dedicated business account and auto-separate money for taxes, profit, and expenses with Relay here: https://startupwise.com/relay/ ^ Get a $100 sign up bonus when you fund your new Relay account with at least $100! In this video, I go over how to track your LLC expenses in a simple way that actually fits into your busy week, so you stop stressing at tax time and stop wondering what you are doing wrong with your bookkeeping and deductions. I know it is frustrating to feel like you are probably missing write offs, or mixing personal and business charges, or praying your accountant can fix everything later. This video walks you through what counts as a business expense, how to track it step by step, and how tools like a dedicated business bank account and user friendly bookkeeping software can help you keep more of your profit without needing an accounting degree. Our favorite business must-haves: 💳 Best business credit cards: https://startupwise.com/creditcards 🏦 Novo (best business bank): https://startupwise.com/novo 🖥️ Best AI website builder ($3/month using code STARTUPWISE): https://startupwise.com/hostinger/ ⚙️ Northwest (best $39 LLC formation service): https://startupwise.com/northwestLLC 💰 Payroll with Gusto (get 2 months free!): https://startupwise.com/gusto 👨💼 Best overseas staffing agency (save 80% on payroll): https://paired.so/startupwise Be sure to watch this video until the end because I’ll show you how to set up a clean banking system, connect it to accounting software, and build a simple weekly routine that keeps you audit ready with almost no stress. If you feel overwhelmed by receipts, confused about what the IRS actually wants to see, or worried about missing thousands in deductions every year, this breakdown will give you a clear plan you can follow. ​ If you have been searching for how t