List of Common Deductible Expenses

All Necessary Business Expenses


  • Accounting Fees
  • Advertising
  • Attorney's Fees
  • Auto Expenses
  • Bad Debts (if previously income)
  • Banking Fees
  • Board Meetings
  • Building Repairs and Maintenance
  • Cafeteria Plan (Requires Plan)
  • Car and Truck Expenses
  • Charitable Deductions
  • Cleaning/Janitorial
  • Collection Expenses
  • Commissions & Fees to Outside Parties
  • Computers and Tech Supplies
  • Costs of Goods Sold
  • Consulting Fees
  • Continuing Education
  • Conventions and Trade Shows
  • Depreciation & Amortization
  • Dues (professional or club)
  • Embezzlement Losses
  • Employee Costs
  • Employee Benefits
  • Entertainment (State only)
  • Equipment
  • Freight or Shipping Costs
  • Furniture and Fixtures
  • Gifts (within limits)
  • Group Insurance (if qualifying)
  • Health Insurance
  • Insurance
  • Interest
  • Internet Hosting and Services
  • Laundry While Traveling
  • Legal & Professional Services
  • License Fees
  • Magazines
  • Management Fees
  • Materials
  • Maintenance
  • Meals and Entertainment
  • Medical Expenses
  • Membership Dues
  • Moving (Business)
  • Newspapers
  • Office Supplies and Expenses
  • Outside Services
  • Payroll Taxes for Employees
  • Parking
  • Pension and Profit Sharing Plans
  • Postage
  • Promotion
  • Rent
  • Repairs & Maintenance
  • Research and Development
  • Retirement Plans
  • Royalties
  • Safe-Deposit Bos
  • Storage Rental
  • Subcontractors
  • Taxes
  • Telephone
  • Tolls
  • Travel
  • Utilities
  • Website Design
  • Workers' Compensation