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Our company is at your side at every step of the way when you decide to start your business. We give you a FREE 30 minute consultation session to assess your business needs. We will then make a determination on this conference.

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Type of entity, sole proprietor, partnership, or corporation (Chapter C or Chapter S).

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Complete all papers at the Federal and State level.

bullet

Arrange periodic sessions to asses your business.

bullet

Help with personnel arrangements

bullet

Help with on-line updates for your business.

bullet

Consult with you on computer needs.

bullet

Consult with advertising.

 

Text Box: Our company is at your side at every step of the way when you decide to start your business. We give you a FREE 30 minute consultation session to assess your business needs. We will then make a determination on this conference.
Type of entity, sole proprietor, partnership, or corporation (Chapter C or Chapter S).
Complete all papers at the Federal and State level.
Arrange periodic sessions to asses your business.
Help with personnel arrangements
Help with on-line updates for your business.
Consult with you on computer needs.
Consult with advertising.
 
25 Common Business Deductions and Expenses

Every time you lick a stamp for your business, write a check for an insurance premium or buy a box of paper clips, you're incurring a legitimate business expense that may be tax-deductible. By keeping close tabs on those business deductions allowed by the Internal Revenue Service and adding up all those seemingly incidental purchases, you may be able to lessen the bite at tax time.

The Internal Revenue Code allows you to deduct all "ordinary and necessary" expenses of operating your business -- these can vary depending on the type of business. Below are some of the most common deductions small businesses take. You should speak with your tax advisor to see what other deductions your company can take advantage of.


 
Health insurance Interest payments on business credit cards
Home office deduction Internet and e-mail services
Retirement Plans Professional associations
First year expense deduction Local travel
Rent, phones, utilities Business travel
Auto expenses Parking
Education Postage
Entertainment Office furniture
Gifts Office supplies
Public relations, promotion and advertising Business cards and stationary
Trade shows, conventions and seminars Insurance
Professional publications Local business taxes and fees
  Bank service charges

 

Text Box: 25 Common Business Deductions and Expenses 

Every time you lick a stamp for your business, write a check for an insurance premium or buy a box of paper clips, you're incurring a legitimate business expense that may be tax-deductible. By keeping close tabs on those business deductions allowed by the Internal Revenue Service and adding up all those seemingly incidental purchases, you may be able to lessen the bite at tax time. 
The Internal Revenue Code allows you to deduct all "ordinary and necessary" expenses of operating your business -- these can vary depending on the type of business. Below are some of the most common deductions small businesses take. You should speak with your tax advisor to see what other deductions your company can take advantage of. 

 

 Health insurance 
 Interest payments on business credit cards 
 Home office deduction 
 Internet and e-mail services 
 Retirement Plans 
 Professional associations 
 First year expense deduction 
 Local travel 
 Rent, phones, utilities 
 Business travel 
 Auto expenses 
 Parking 
 Education 
 Postage 
 Entertainment 
 Office furniture 
 Gifts 
 Office supplies 
 Public relations, promotion and advertising 
 Business cards and stationary 
 Trade shows, conventions and seminars 
 Insurance 
 Professional publications 
 Local business taxes and fees 
  
 Bank service charges 
 
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Heartland  Tax Service Inc.

 

"HELPING YOUR BUSINESS GROW"