Business Tax Deductions Archives

Knott Learning

Can you Deduct Clothes for Your Business?

Some businesses may require the business owners and employees to wear specific uniforms. When can a business owner deduct the cost of clothing?

Jason Knott2024-07-06T08:51:02+00:00Tags: Business Tax Deductions, Personal Expenses, Section 162|

Deductible Travel Expenses – Business vs Personal Use Travel

Business owners can generally deduct the cost of their travel if the principal purpose of the trip is for business. So, what are the rules to determine business versus personal travel?

Jason Knott2024-07-08T13:59:25+00:00Tags: Business Tax Deductions, Business Travel, Personal Travel, Section 162, USTOB|

What Expenses Can You Deduct with Your LLC?

Having an LLC doesn't mean you can deduct everything as an expense. So, what are the rules?

Jason Knott2024-07-15T06:48:42+00:00Tags: Business Tax Deductions, LLC, Section 162, Trade or Business|

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