75 Expenses the Government may allow you to Deduct! (2023)

Here is a list of allowable deductions you may as a entrepreneur be able to deduct.

1. Accounting fees
2. Advertising
3. Amortization
4. Auto expenses
5. Banking fees
6. Board meetings
7. Building repairs and maintenance
8. Business travel
9. Business association membership dues
10. Charitable deductions made for a business purpose
11. Children on payroll (Models?)
12. Cleaning/janitorial services
13. Cameras (Yes, people have them still)
14. Collection expenses
15. Commissions to affiliates
16. Computers and tech supplies
17. Consulting fees
18. Continuing education (conventions and trade shows also)
19. Costs of goods sold
20. Credit card convenience fees
21. Depreciation
22. Dining and office food
23. Drones
24. Education and training for employees
25. Equipment
26. Exhibits for publicity
27. Franchise fees
28. Freight or shipping costs
29. Furniture or fixtures
30. Gifts for customers ($25 deduction limit for each)
31. Group insurance (if qualifying)
32. Health insurance
33. Equipment repairs
34. Health Reimbursement Arrangement (HRA)
35. Health Savings Account (HSA)
36. Home office (280a)
37. Interest
38. Internet hosting and services
39. Investment advice and fees
40. Legal fees
41. Leased vehicle or equipment
42. License fees
43. Losses due to theft
44. Materials
45. Maintenance and janitorial
46. Mortgage interest on business property
47. Moving
48. Newspapers and magazines
49. Office supplies and expenses
50. Outside services
51. Payroll taxes for employees (Social Security, Medicare taxes and unemployment taxes)
52. Parking and tolls
53. Pass-Through 199A Deduction
54. Pension plans
55. Postage
56. Prizes for contests
57. Real estate-related expenses (rent included)
58. Rebates on sales
59. Research and development
60. Rental (Investment) property
61. Retirement plans
62. Royalties
63. Safe-deposit box
64. Safe
65. Spouse on payroll (oh, employees also)
66. Social media advertising
67. Software and online services
68. Storage rental (rental lockers)
69. Subcontractors
70. Taxes (personal and real property)
71. Telephone
72. Travel that is business oriented
73. Utilities
74. Website design/consulting
75. Workers’ compensation insurance