0 of 18 deductions reviewed
📋 Basic Readiness You have selected 0 deductions. Begin checking off common expenses you gathered records for.
Office & Administration [ ] Home Office Deduction: Square footage calculation or simplified method.[ ] Office Supplies: Paper, pens, printer ink, postage.[ ] Computers & Tech: Laptops, monitors, hard drives (Section 179/Bonus Depreciation).[ ] Software Subscriptions: Adobe, Microsoft 365, QuickBooks, CRM tools.[ ] Cell Phone & Internet: The specific percentage used for business.
Marketing & Professional Fees [ ] Advertising: Google Ads, Facebook Ads, billboards, sponsorships.[ ] Website Costs: Domain names, hosting (AWS, Vercel), web design fees.[ ] Legal & Professional: Attorney fees, CPA tax prep fees, bookkeeping costs.[ ] Contractor Labor: Freelancers or agencies you hired (ensure 1099s are issued).
Travel & Vehicle [ ] Business Mileage: Standard mileage rate for trips to clients, banks, or suppliers.[ ] Travel Expenses: Airfare, Uber/Lyft, hotels for out-of-town business trips.[ ] Business Meals: 50% deduction for meals with clients or partners (keep the receipt with names written on it!).
Insurance & Financial [ ] Business Insurance: General liability, E&O, cyber insurance.[ ] Bank Fees: Monthly maintenance fees, wire fees, overdraft fees on business accounts.[ ] Credit Card Interest: Interest paid strictly on business credit cards.[ ] Self-Employed Health Insurance: Premiums for yourself and dependents (if eligible).
Education & Licensing [ ] Business Licenses: State LLC fees, city permits, trade licenses.[ ] Continuing Education: Courses, seminars, books, and trade journals related to your field. Print Checklist Clear Choices