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

Ronika Khanna CPA,CA

Many types of advertising don’t even cost anything, except time. You can buy ads on numerous social media outlets that appeal to your target market or if you want to go the free route, you can set up a social account, post regularly and build an audience. You can also have sub accounts for additional detail.

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Small Business Tax Deductions Checklist: All You Need to Know About Tax Deductions

Snyder

Look through your profit and loss report and research the applicable tax deductions for your business starting from work-related trips and ending with accounting software subscription purchases. The principle of this accounting mechanism is to deduct expenses from taxable income. Besides, business owners can deduct their payroll tax.

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From Filing to Deductions: Understanding Tax for Web Design Companies

Steve Feinberg

Failure to comply with tax regulations can result in a government audit of your finances by the Internal Revenue System. A good system of bookkeeping for web designers will help you monitor your business finances and track all expenses, allowing you to claim industry-specific deductions and lower your tax bill.

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How to get more of the referrals you really want

Mark Lee

Although most of my clients have already built up a good base of clients, I am also often asked how can (typically less experienced) accountants and bookkeepers get more clients. When I ask accountants this question they often answer by reference to a size or style of business. And I see plenty of such questions in online forums.