Posts Tagged ‘business expense write offs’

Business Expense Write Offs

Business Expense Write Offs

Question: Expense Write-Offs for Small Business?

As the owner of a small business, which is a Sub-chapter S corp, can I write off massage therapy? I am a Dentist. If I got massages for staff, it would be a business expense I think, but what about for myself?

Answer: I doubt massage therapy is an essential expense for a business. It may be considered a personal medical expense if you have some sort of condition that requires it. You best check with a good CPA before you try and get this by the IRS.

Dearborn Bancorp Inc. Reports Operating Results (10-Q)

By 10qk. Dearborn Bancorp Inc. ( DEAR ) filed Quarterly Report for the period ended 2010-06-30. Read more » »

Write off Entertainment Expenses! Have Fun while reducing taxes!