Maximize Deductions and Minimize Expenses
Qualified deductions like mileage, meals, and entertainment are all set by the IRS. Consult IRS publication 334 for small businesses and make sure you keep records and files of all expenses.Office Supply Deduction Tip
Large office purchases can be expensed in full, or depreciated over a number of years. This includes furniture, fax machines, copiers, computers, or your telephone and associated bill.Do You Have a Business Credit Card?
If you maintain a balance on your business credit card, the interest rate is deductible as a business expense.Deduct Your Computer Expenses
Any software needed to run your business is fully deductible, including lead generation subscription services such as customer-relationship management (CRM) software and tax software like QuickBooks Self-Employed.Spend A Lot of Time in Your Car?
For every 1,000 miles driven, $500 in tax deductions can be produced, but the IRS needs documentation of all business and personal trips. The QuickBooks Self-Employed automatic mileage tracker can help.
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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