Getting your documents ready for tax time can be stressful especially as freelancer. Knowing what can and can not be deducted can result in confusion, distraction and often mishandling of important documents.
Here are just some of the expenses you should look into deducting for the upcoming tax season.
Note: it is extremely important to sit down and have a chat with your accountant and find out what tax deductions apply to you and save your receipts.
- Business incorporation costs, Trademarks or Copyrights
- Logos and other graphic design fees
- Business cards, letterhead and other stationery
- Office supplies
- Photo purchases for your blog
- SEO services and fees
- Paid site submissions
- Website hosting fees
- Website design and/or maintenance fees
- Website/blog templates
- Domain name cost(s) and renewals
- Blog expenses (e.g. WordPress additions)
- Digital cameras, memory cards
- Stock photos purchases for your blog
- Phone line, cell phone, fax
- Transportation costs (car mileage, parking fees, airline tickets, tolls)
- Video camera/web camera
- Conference costs, plus related expenses.
- Hotel costs for business trips
- Business related classes
- Software licensing fees, anti-virus/anti-spam subscriptions
- Computer equipment, printer
- If you work from home you can write-off a portion of your home insurance