It is common to overlook some of the lesser known or small items that you will purchase or use as part of your business that can also be deducted. It all comes down to knowledge and organization. And the difference in tracking some of the items below can result in the savings in thousands of dollars on your tax bill.
Some examples:
- Bank Fees such as ATM fees, check order charges and charges for having a checking account.
- Annual credit card fees and the interest paid to the credit card for business related expenses.
- Association dues (for your home)
- ComData/ComCheck Fees
- IT or computer software and hardware|
- Cleaning supplies
- Fax and copy charges
- Internet fees required to carry out the business duties
- Office supplies such as pencils, envelops, paper clips, staples, stamps
- Delivery fees
- Industry subscriptions for magazines, journals
- Drivers licensing fees
- Rain gear or other weather related clothing required for the job
- Fees associated with looking for a truck driving job
