Self Employed Business Expenses
Included but not limited to:
- Advertising
- Purchases and cost of goods sold items less inventory
- Legal fees
- Bank charges including credit card charges
- Telephone, cell phone, fax line, internet line, pagers, answering service
- Employee expenses: wages, benefits, payroll taxes
- Bookkeeping or accounting fees
- Memberships, dues, professional licenses and subscriptions
- Office supplies such as postage, pens, pencils, paper, folders, tape, etc
- Cleaning or janitorial services
- Computer supplies such as paper, toner, ribbons, etc.
- Repairs and maintenance
- Copying and printing
- Education and seminars
- Equipment leases, rental, repairs
- Travel
- Mileage or actual vehicle expenses. Must maintain a mileage log book that indicates business vs personal miles, date and time of travel, where you went to and if using actual expenses the receipts related to the operation of the vehicle
- Subcontractors
- Supplies
- Small tools
- Promotional items
- Rent of space or equipment
- Tradeshow expenses
- Utilities including gas, electric, water, sewer, refuse, cable
- Entertainment expenses
- Insurance
- Interest on business loans or business credit cards
- Security system
- Office in the home expenses if a qualified office
- Start up costs
- Anything that is ordinary and necessary in the course of business
