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July 2012

 

Tax & Business Services

Business Tax Deductions .... Advertising is tax deducible

 

Within the day-to-day life of your small business, you will incur ordinary and necessary expenses that you can deduct when filing your taxes.
 

 

So what does that mean?

 

"Ordinary" means they are common and accepted in the general industry in which the business owner is working. "Necessary" means they are appropriate and required in operating your small business.
 

Here's a brief description of ordinary and necessary expenses that could turn into tax deductions:
Advertising
These expenses are incurred to promote a business, such as newspaper ads, flyers (including the cost of distributing them), Internet, television and radio promotions and business cards.

 

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