Being a business owner has many expenses to take into account. And as the tax season approaches it is good to know exactly what expenses you can deduct from your business. Here are a few expenses that could be beneficial for you to deduct:
• Landlines aren’t the only phone that can be deducted nowadays. Cellphones are being used more and more for work so the IRS now recognizes this. If you use your cellphone as a work phone – you can deduct it. The IRS used to not allow cellphones to be deducted because they were used for personal use only. Thank goodness we can handle work on the go now.