As a business owner, navigating the tax code can be complex—but strategic moves can lead to substantial savings. This article outlines 5 tips for business owners to save on taxes: maximize deductions (home office, vehicle, depreciation, meals), utilize retirement plans like SEP IRA or Solo 401(k), take advantage of tax credits (R&D, energy, hiring incentives), choose the right entity structure, and maintain compliance with accurate records and timely filing.