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, cellphone 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, sewer, water, refuse, cable
  • Entertainment expenses
  • Insurance
  • Interest of 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
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