It’s almost tax season… and most people are still overpaying.

3 Jan 2026 · 1 min

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1:03

A short YouTube video by Dan Novaes warning that many people overpay taxes because they overlook legal deductions. The video highlights four commonly overlooked write-offs—home office, travel, professional fees, and depreciation—briefly explains what each covers (e.g., portion of rent/utilities for home office; flights/hotels/meals for travel; accountants/lawyers/software for professional fees; spreading cost of major assets via depreciation), and ends with a call-to-action to follow for more tax tips.

Chapters

Every year, millions of people overpay the government by thousands, and in some cases, even more. Why? Because they don't understand deductions. Tax code is designed with write offs built in. If you ignore them, you're literally volunteering extra money to the irs. The wealthy don't pay less because they cheat. They pay less because they know the rules and they use them. For example, let's take the four most overlooked write offs. For most people, there are a ton of write offs out there. But we're going to focus on these four since they apply to so many different people. Home office, travel, professional fees and depreciation. Home office means that you use a part of your house for work. You can deduct a portion for rent, utilities and Internet travel. Flights, hotels, even part of your meals if it's tied to business. Professional fees, Your accountant, your lawyer, your tax prep software, Anything that you're going to use to run your business and depreciation allows you to spread the cost of major assets like a laptop, a car, a camera. Anything that you're going to use towards your business over a single or even multiple years. This is all legal and it's all very, very powerful. Sick of wasting all this money. Follow us and get all of our hacks for free.