TAX Write OFFS Cheat Sheet

Advertising & Promotion

• Online & print ads
• Promotional printing
• Website expenses

Auto Expenses & Milage

• Car payments
• Insurance
• Gas
• Parking & tolls
• Registration fees
• Repairs

Bank Fees (for bank & credit card)

• ATM fees
• Monthly service fees
• Annual fees
• Late payment fees

Business Licenses & Permits

Consultations

Cost of Goods Sold

• Materials
• Labor

Credit Card Processing Fees

Home Office

• Rent or mortgage
• Renters or homeowners’ insurance
• Utilities
• Repairs

Insurance

Interest Expense

• Finance changes (biz only cards)
• Loan interest

Legal & Professional Fees

• Legal consultation
• Accounting
• Bookkeeping