Search Results For: tax write offs business
Nov 14, 2017 – To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your trade or business. A necessary expense is one that is helpful and appropriate for your trade or business. … Personal Expenses.
Apr 12, 2011 – Consult this list of 75 possible tax deductions for business owners. It's just a start and not every one of these items is always a legitimate deduction. For example, you may be able to deduct entertainment expenses, but only when entertaining a client, customer or employee, while also meeting particular IRS rules.
Jan 23, 2017 – Tax season is rough on a lot of businesses. Check out these top tax deductions for small business and make sure you're not missing out on any.
Mar 9, 2017 – Learn how you can reduce your tax bill with these 12 small business tax deductions. You can deduct everything from office supplies to mileage and software.
Whether you do contract work or have your own small business, tax deductions for the self-employed can add up to substantial tax savings.