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Protect the “Ordinary and Necessary” Advertising Expenses of Your Business

RogerRossmeisl

Under tax law, businesses can generally deduct advertising and marketing expenses that help keep existing customers and bring in new ones. However, in order to be deductible, advertising and marketing expenses must be “ordinary and necessary.” This valuable tax deduction can help businesses cut their taxes.

CPA 130
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A Guide To Serviced-Based Business Advertising That Works

Randal DeHart

Marketing covers everything you do in your business that creates awareness, including advertising, brochures, competitions, trade shows, demonstrations, travel, direct mail, email campaigns, your website, and sponsorship. Let's narrow our focus to an integral part of Marketing - Advertising.

Sales 79
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Top 20 Common Advertising Expenses for Small Business Owners

MazumaBusinessAccounting

You’re probably spending a fair amount of money on advertising your small business to potential clients and customers. Did you know most of your marketing and advertising can be written off as a tax deduction to lower your tax bill? When in doubt about a specific advertising expense and if it’s tax deductible, ask your accountant.

Sports 71
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Lyft Buys Halo Cars In Advertising Play

PYMNTS

Ride-hailing company Lyft has acquired Halo Cars, an advertising startup that displays ads on top of vehicles, according to a report from Axios. Uber has been testing a similar tie-up with Cargo , an advertising startup in New York that shares ad revenue with the ride-hailing company.

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Loss Of Advertisers Knocks Facebook’s Market Value Down $56B

PYMNTS

With advertising boycotts aplenty, Facebook CEO Mark Zuckerberg is now out $7 billion, Bloomberg reports. Coca Cola has also said it will be pausing all social media advertising for at least 30 days. Facebook has also stepped up its work to fight hate speech, now not allowing ads if they label another group as dangerous.

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What Types of Advertising/Marketing Expenses Can Small Businesses Deduct?

Ronika Khanna CPA,CA

In the past advertising for small business owners mostly involved creating an ad for print, television or radio (a catchy jingle is always a good way to go), cold calling (rarely a pleasant experience), sending out flyers or being at a conference. Over the past few years the avenues for advertising have grown exponentially.

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Regulatory Costs To Be Paid By Google Advertisers

PYMNTS

Google has enacted a plan to pass on the cost of digital services taxes in Europe to advertisers instead, according to a Financial Times (FT) report, which will muddy the waters on governmental attempts to take more of the U.S. The plan involves an additional fee for advertisements in the U.K., tech giant's revenues.

Tax 63