Title: Deductible Business Expenses: What Can You Write Off?
1Deductible Business Expenses What Can You Write
Off?
Deductible business expenses refer to the costs
that businesses can subtract from their taxable
income, thereby reducing the amount of income
subject to taxation. Utilize accounting software
or hire a professional accountant, such as a CPA
specializing in small business tax planning, to
ensure compliance with tax regulations and
identify all eligible deductions. Here are common
deductible business expenses Depreciation and
Amortization Marketing and Advertising Travel and
Transportation Employee Compensation Professional
Services Operating Expenses