Your Progress
Home Office & Workspace
Deduct portion of rent/mortgage, utilities, insurance based on office percentage
Desks, chairs, filing cabinets, shelving purchased for business use
Laptops, monitors, printers, scanners, and other tech equipment
Paper, pens, ink cartridges, postage, and general supplies
Business percentage of home internet and cell phone costs
Monthly fees for dedicated office space or co-working memberships
Electric, gas, water for dedicated business space
Repairs, cleaning, and maintenance for business space
Vehicle & Travel
Track miles driven for business (67 cents/mile for 2024). Keep a mileage log.
Gas, insurance, repairs, registration if using actual expense method
Business-related parking fees and toll charges
Transportation costs for business travel
Accommodation costs during business trips
50% of meal costs while traveling for business (100% for 2021-2022 restaurant meals)
Uber, Lyft, taxis, and rental vehicles for business purposes
Baggage fees, tips, and other travel-related expenses
Professional Services
CPA fees, tax preparation, bookkeeping services
Attorney fees for business-related matters (not personal)
Business consultants, coaches, and advisors
Freelancers, subcontractors, and independent contractors (issue 1099s)
Salaries, wages, bonuses paid to employees
Health insurance, retirement contributions for employees
Administrative support, scheduling, and remote assistance
Marketing & Advertising
Domain registration, hosting, design, and maintenance
Google Ads, Facebook Ads, LinkedIn Ads, sponsored posts
Newspapers, magazines, flyers, direct mail campaigns
Printed marketing materials and collateral
Graphic design, brand development, style guides
Tools, scheduling software, content creation services
Mailchimp, Constant Contact, and similar services
Branded merchandise, giveaways, client gifts (up to $25/person)
Software & Subscriptions
QuickBooks, Xero, FreshBooks, Wave
Asana, Monday, Trello, Basecamp
Zoom, Slack, Microsoft Teams, Google Workspace
Adobe Creative Cloud, Canva, Figma
Salesforce, HubSpot, Pipedrive
Dropbox, Google Drive, OneDrive, iCloud
Specialized tools for your profession
Antivirus, VPN, password managers, backup services
Education & Professional Development
Online courses, workshops, seminars related to your business
Registration fees, travel for industry conferences
Business books, industry magazines, research materials
Certification exams, continuing education credits
Professional associations, chambers of commerce
Business coaching, mastermind groups
Insurance, Taxes & Licenses
Self-employed health insurance deduction (for yourself, spouse, dependents)
General liability, professional liability (E&O), product liability
Coverage for business equipment, inventory, office space
State, local, and industry-specific licenses
Business taxes, franchise taxes, property taxes
Deduct the employer-equivalent portion of SE tax
Required coverage for employees in most states
Financial & Retirement
Interest paid on business loans and lines of credit
Interest on business credit cards (business expenses only)
Monthly fees, wire transfers, payment processing fees
Up to 25% of net self-employment income
Employee + employer contributions up to $69,000 (2024)
Uncollectible invoices from clients (must have been reported as income)
Not Sure What You Can Deduct?
Our CPAs can review your situation and find deductions you might be missing.
Disclaimer
This checklist is for informational purposes only and does not constitute tax advice. Deductibility depends on your specific situation, business structure, and proper documentation. Always keep receipts and records. Consult with a qualified CPA to determine which deductions apply to your business.