All businesses are entitled to a variety of deductions. The IRS says that an item or expense is deductible if it is "ordinary, necessary, and reasonable" for a business to run. The following is a list of possible business deductions that are good for the year in which the expense is incurred. For more information, we suggest you speak to your accountant , or tax advisor (both are tax deductible) or visit the IRS website.
Advertising giveaways (promotional items)
Advertising expenses
Answering service
Association and memberships dues
Automobile mileage
Bank charges
Beeper
Business cards
Business directories
Business gifts
Business insurance fees
Business telephone
Business trip expenses (hotel, food, transportation)
Cellular telephone
College courses
Commissions
Consultant fees
Copyright registration fee
Employee salaries
Equipment charges and repairs
Interest on business credit cards
Interest on business loans
Internet access and online service fees
Journals, periodicals, and books related to your business
Licenses and certification fees
Office furniture and equipment
Office maintenance and repairs
Office supplies
Payroll taxes
Postal and shipping charges
Postal supplies (boxes, labels, envelopes)
Professional fees (accountant, lawyer, bookkeeper)
Publicity and public relations charges
Seminars, workshops, and conferences
Start-up costs
Stationery
Training tapes
Tolls and parking fees
