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Dec 19, 2008

Top Over Looked Business Deductions


Here’s a list of Business Tax Deductions you may not have considered while working from home:

Advertising
Accounting
Automobile expense (repairs, mileage etc)
Cell phone (business calls)
Commissions
Delivery and Freight
Dues and subscriptions (business related)
Education/classes
Equipment rental
Gifts to clients (up to $25 per client/customer)
Incorporation
Insurance
Internet/Website Expense
Business interest
Janitorial
Laundry and cleaning (I mean you do have to wear clothes to work..right)
Legal and professional
Licenses
Meal and Entertainment (my hubby and I go to Starbucks just about every day and we always discuss our businesses..if you stop by Starbucks try the caramel macchiato. I like mine with 2 added shots, it’s the bomb..lol)
Mileage (I believe it’s still around 44.5 cents per mile, but you can easily check this yourself).
Office expense
Outside service (lawn care, car washes, etc)
Parking fees and toll
Permit and fees
Postage
Printing
Professional Upkeep
Rent
Rental cars
Repair and maintenance
Security
Supplies
Telephone
Tools
Travel
Uniforms
Utilities
Wardrobe and expense

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