06/15/2026
π‘ Monday Tax Tip
Not every business expense is automatically tax deductible.
To qualify as a deduction, an expense generally must be both ordinary and necessary for your business.
Common examples include:
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Office supplies
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Professional dues and subscriptions
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Business insurance
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Marketing and advertising
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Business mileage
Just because something was purchased with a business credit card doesn't automatically make it deductible.
Good recordkeeping throughout the year can help maximize deductions and reduce headaches at tax time.
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