35 Tax Deductions for Creative Business Owners

1. Website
2. Social media ad
3. Business Cards 
4. Signs for trade or craft shows
5. Business license
6. Permits
7. Materials ( yarn, fabrics, Wax, T-shirts, vinyl, beads, etc)
8. Canva subscription
9. Photo shop subscription
10. Business loan interest
11. Equipment rental
12. Space rental ( booth)
13. insurance
14. Legal consultation
15. Accounting
16. Continued Education
17. Books for your business
18. Office Supplies
19. Postage
20. Shipping Supplies
21. Phone
22. Internet
23. Travel Expenses
24. Wages paid to others
25. credit card processing fees
26. Listing fees
27. Auto Expenses
28. Banking fees
29. Repairs to office space
30. Business association membership dues
31. Computer
32. Gift for Customers (up to $25.00)
33. Health insurance
34. Software
35. Business use of home (Utilities, property tax, insurance, mortgage interest)

 The important thing to ask yourself with any expense is.... Is this expense ordinary and necessary for your business ?   If the answer is YES you can deduct it, however if the answer is no to either set it to the side to ask your accountant to be sure. 

 Need help tracking your income and expense Grab the expense tracker for creative Business owners HERE