The U.S. Treasury Department's Internal Revenue Service offers numerous Small Business Tax Education Program videos through their regional offices. Topics include depreciation, business use of your home, employment taxes, excise taxes, starting a business, sole proprietorships, partnerships, self-employed retirement plans, Sub-Chapter S corporations, and federal tax deposits.

Home Business Taxes

If you're considering using a portion of your home as a business office, request Business Use of Your Home (Publication 587) from the Internal Revenue Service (www.irs.gov). It's free and will help you determine if your business qualifies for this option as well as how to take advantage of it to lower your taxes.

Car Expenses

Depending on how much you use your business vehicle for personal use, you can either list all costs of operating the vehicle as an expense or you can deduct a standard mileage rate as an expense when you file income taxes. For more information, request Business Use of a Car (Publication 917) from the Internal Revenue Service (www.irs.gov). There's no charge for this publication.

Other Deductible Expenses

What business expenses are deductible? There's a long list. The best answer is found in a free publication offered by the Internal Revenue Service, Business Expenses (Publication 535) available at any IRS office or online at www.irs.gov. You can choose to deduct a limited amount of what you spend to acquire certain tangible property for use in your business instead of treating the amount as a capital expense.