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What Counts as a Business Expense?
The IRS defines a business expense as something that is:
ordinary, necessary, and reasonable for your industry. This means it's a common and accepted cost that helps you produce or receive income. If you're using something to directly support or grow your business, it's likely deductible.
Taxes don't have to be stressful! This cheat sheet is your guide to uncovering tax deductions that can lower your taxable income and save your business money. Start maximizing your deductions today!
