
CHARLOTTE – Hey Tax Payer. Recently, I gave a class to a group of Business Owners about what could be claimed as an expense on their taxes
So, Let’s Get To It…
There are a variety of expenses a business owner and a contractor would be very interested in writing off using the Schedule C tax form. Here is a small list of items:
Advertisement, Business Miles, Contractor Labor, Depreciation of equipment or company vehicles, Legal & Professional Services, Office Expenses, Rental Offices, Supplies Permits & Licenses, Business Travel, Meal & Entertainment, Office Utilities, Wages & Salaries and other business expenses.
The other business expenses can range from Home Business usage, Car registrations, Car insurance, Bank Fees, Security Exp, Donations/Charities, Gifts, Health & Beauty and Health & Fitness.
For more information about this article then contact Mays Concepts, LLC at (704) 526-0307, email us at maysconcepts@gmail.com, or visit/like our Facebook page https://www.facebook.com/MaysCon
Remember, You Can Count On me!
*Source: 14 Years of Experience