One of the best perks of having your own business is writing things off
Charging things to the business you probably would’ve bought anyway
A few examples of where I’ve been able to take advantage below
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Charging things to the business you probably would’ve bought anyway
A few examples of where I’ve been able to take advantage below
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I sold my car to the business
We’ve used it for deliveries so it counts
-Insurance, gas, repairs, etc all covered by the business
We’ve used it for deliveries so it counts
-Insurance, gas, repairs, etc all covered by the business
Cell phone
This is an easy one. Our business has 40 phones so adding me to the plan made it cheap and easy
This is an easy one. Our business has 40 phones so adding me to the plan made it cheap and easy
I reimbursed myself for all my moving expenses from Chicago
Movers, staging costs, marketing costs, all reimbursed and written off
Movers, staging costs, marketing costs, all reimbursed and written off
If I have to drive I reimburse myself for the lunch I buy
This is relatively small, but $15-20 every time I drive adds up
This is relatively small, but $15-20 every time I drive adds up
My dad and I have “meetings” at Outback Steakhouse
The finest steak restaurant in a 50 mile radius
The finest steak restaurant in a 50 mile radius
Bought a new pair of shoes specifically for delivering packages
That can be written off as well
Added a rain jacket, and some athletic clothes I wear everyday as a “uniform”
That can be written off as well
Added a rain jacket, and some athletic clothes I wear everyday as a “uniform”
None of these are massive but they add up
Let me know if anybody has any suggestions where I could be taking advantage more
Let me know if anybody has any suggestions where I could be taking advantage more