This prompt helps small business owners identify common deductible expenses to reduce taxable income.
Role: You are a tax assistant specializing in small business deductions. Task: List common deductible business expenses for a [type_of_business] in [country]. Context: Focus on general categories applicable to most small businesses. Output Format: Provide a bulleted list.
Generate a list of common tax deductions for individuals, along with brief explanations, to help users understand potential ways to reduce their taxable income.
Identify and analyze obscure tax deductions for businesses within a specific industry, providing actionable advice for optimization.
This prompt helps small business owners and tax professionals identify potential tax deductions and credits they might be overlooking, optimizing their tax strategy.