Business Tax Deductions from A to Z

Common Business Expenses You Can Deduct

Here is a list of common business tax expenses you can deduct, listed from A to Z. In some cases, expenses might need to be amortized (deducted over a period of several years), if they are startup costs or if they are related to the purchase of business equipment.

Not all business purchases are qualified as deductible, and restrictions may be placed on some deductions. Here is a list of some non-deductible business expenses.

Disclaimer: The information in this article and on this site is intended to be general in nature, and is not intended to be tax or legal advice. Business taxes are complicated, tax laws change, and each business situation is unique. Consult with your tax advisor before making any business decisions or submitting business expenses on your tax return.

1
Accounting, Bookkeeping, Tax Expenses

You can deduct expenses for a bookkeeper, accountant, CPA, or tax adviser to help you manage your finances and deal with tax issues. More

2
Advertising Expenses

Deducting expenses for advertising and marketing. More

3
Books, Magazines, Software

Deducting costs for business reference books, magazines and professional journals, and business-necessary software. More

4
Car and Truck Expenses

Deducing expenses for business use of a vehicle. More

5
Commissions and Fees

Deducting commissions to sales people and fees to independent contractors. More

6
Disability Tax Deductions and Credits for Employees, Customers

If you make changes to your workplace for disabled employees or customers, or if you hire disabled workers, you may be eligible for these tax deductions or credits. More

7
Dues for Clubs and Organizations

Deducting Dues for Business-related Clubs and Organizations More

8
Employee Education and Training Expenses

Deducting the cost of employee education and training expenses More

9
Employee Benefits

Deducting the costs of providing employee benefits, such as health plans and retirement savings plans. More

10
Employee Expenses (Other)

Don't forget other employee expenses, from wages to awards and recognition, and expenses for employee travel. Use this list to make sure you don't miss anything. More

11
Home Office Expense Deductions

Deducting the costs associated with maintaining a business office in your home. More

12
Insurance Expenses for Businesses

Deducting the cost of business insurance, including professional negligence, business coverage, and liability insurance. More

13
Interest on Business Debts

Deducting the cost of interest on debts of a business. More

14
Legal and Professional Fees

Deducting the costs of legal and professional fees. More

15
Losses to Property, Equipment, Casualty Losses, and Forced Sales

If you have had a loss this year to your building or business property, from a disaster or other cause, you may be able to deduct part of these losses on your tax return. Losses from forced sales of equipment or your business may also be deductible. More

16
Meals and Entertainment Expenses

Deducting the cost of business meals and entertainment expenses. More

17
Meals Provided to Employees

 You can deduct the full cost of meals provided to employees, as long as they are on your premises and are for your convenience as an employer. Read more about restrictions and how this benefit is treated for employee tax purposes.  More

18
Miscellaneous Expenses

Line 27a on Schedule C is the place to include those miscellaneous expenses that don't fit in any other category. This article provides suggestions for expenses that might be included in this category. More

19
Office Supplies and Materials Expenses

Deducting the costs of purchasing office supplies and materials. More

20
Taxes (Other Than Income Tax)

Any taxes you pay may be deductible. Here is a comprehensive list so you can make sure you have recorded all of these taxes for deduction purposes. More

21
Travel Expenses for Business Purposes

Deducting Travel Expenses for Business Purposes More

22
Uniforms and Clothing Expenses for Employees

Deducting expenses related to providing uniforms and clothing to employees. More

23
Some Business Expenses You Cannot Deduct

While almost all business expenses are deductible, don't forget there are some the IRS will say NO to. These include political donations, club dues, hobby losses, and commuting costs. More