Business tax write-offs are expenses you can deduct from your business income. ... so the IRS offers an alternative calculation: Multiply the square footage of your home used for business by $5.

Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost must ...

Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost must ...

The IRS is eyeing legal marijuana firms that take improper write-offs on their returns. Agents come in and disallow ...

In this article, we'll look at some of the more popular home business write-offs, as well as some tips on how you can ...

While most accountants cover common write-offs, several. ... Consider a dedicated business line; The IRS typically accepts reasonable allocations backed by good documentation. 7.

The Tax Write-Offs for Small Business Product Samples. Many types of businesses use product samples to allow potential and prospective customers to experience their products in hopes of enticing ...

Can you write off business clothing on your taxes? Learn the IRS rules with these legal tips for staying compliant and saving money as a small business owner or entrepreneur.

The IRS allows a cellphone tax deduction for self-employed people, but it's not as easy to claim the write-off as you might like. Tip If you use your phone 100 percent for business, you can write ...

LLC Tax Write-Offs for Education ... The Internal Revenue Service only permits a business to write off certain expenses and those ... the expenses must meet certain criteria provided by the IRS.

Writing off small business expenses can help you lower your tax liability. Here's a look at what you can write off and how the process works.