@moneycoachdave: How Do Tax Write-Offs Work? Buying the iPhone 18 Pro. I’m buying the iPhone 18 Pro for my business, but no, that does not mean it’s free. A tax write-off reduces the amount of business income that gets taxed. It does not magically put the purchase price back in your pocket. So I’m using my new phone purchase to show what a business expense can actually do to your tax bill. Are you getting the iPhone 18 Pro? #TaxWriteOff #iPhone18Pro #BusinessExpenses #SmallBusiness #moneyhackstiktokcontest