Tag: business tax deductions

If I wrap my car for my business what kind of tax deduction can I expect?

April 11th, 2010

If a car is wrapped could every mile driven be considered an advertising cost? How do business tax deductions work for wrapped cars?

I am starting a small business – do I need to get a business license to claim tax deductions?

February 21st, 2010

I am starting a small business and wondering if I need to get the license before end of year to claim business tax deductions

Does my business have to make any money for me to take tax deductions?

February 19th, 2010

I set up a business that has brought in zero amount of money. I have invested money in materials to do this business and I am wondering if I can take business tax deductions when no income can be reported from it.