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View Full Version : List of deductions for IRS?


JRDtechnet
01-23-2008, 05:24 AM
Heres my list, let me know what doesn't belong and/if you have something to add.

state sales tax
fuel cost
tolls
cost of parts/materials
insurance
uniforms
advertising costs
bad debt
credit card interest
website costs

tartis
01-23-2008, 03:44 PM
Home office dedcution
Vehicle depeciation
Tools and supplies
Advertising expense
mileage
Meals while away from the office

Leztek
01-24-2008, 03:35 AM
Could be considered part of home office, but

prorated utilities for the home office
internet service/access
books and trade magazines
donationed services (ie free web hosting for youth sports leagues, churches)
entertainment (like taking a client ot play golf ;-) )
continuing education/seminars