The answer depends on the situation. Here’s a quick guide: ✅ Fully deductible if it’s provided to employees in the workplace. ✅ Deductible as a business meal if purchased during a meeting with a client. ✅ Deductible if they’re part of your business travel expenses. ❌ Not deductible if it’s drinks or coffee at a coffee by yourself or with friends or drinks/coffee for your home office. Always keep detailed receipts and documentation to back up your claims! Follow for more helpful content and share this post! = #BusinessTaxes #TaxDeduction #bookkeeping #accounting #bookkeeper #quickbooks #contractors #homeserviceproviders #MesaBookkeeper #MesaAccountant #TempeBookkeeper #TempeAccountant #ArizonaBookkeeper #ArizonaAccountant #LongmontBookkeeper #LongmontAccountant #BoulderBookkeeper #BoulderAccountant #ColoradoBookkeeper #ColoradoAccountant #LucentiGroup
Lucenti Group’s Post
More Relevant Posts
-
The answer depends on the situation. Here’s a quick guide: ✅ Fully deductible if it’s provided to employees in the workplace. ✅ Deductible as a business meal if purchased during a meeting with a client. ✅ Deductible if they’re part of your business travel expenses. ❌ Not deductible if it’s drinks or coffee at a coffee by yourself or with friends or drinks/coffee for your home office. Always keep detailed receipts and documentation to back up your claims! Follow for more helpful content and share this post! #BusinessTaxes #TaxDeduction #bookkeeping #accounting #bookkeeper #quickbooks #MarketingAgencies #smmagency #marketingdigital #businessbookkeeping #lawrencevillega #AtlantaBookkeeper #AtlantaAaccountant #LawrencevilleBookkeeper #LawrencevilleAccountant #GABookkeeper #GAAccountant #BeltreFinancial
To view or add a comment, sign in
-
-
The answer depends on the situation. Here’s a quick guide: ✅ Fully deductible if it’s provided to employees in the workplace. ✅ Deductible as a business meal if purchased during a meeting with a client. ✅ Deductible if they’re part of your business travel expenses. ❌ Not deductible if it’s drinks or coffee at a coffee by yourself or with friends or drinks/coffee for your home office. Always keep detailed receipts and documentation to back up your claims! Follow for more helpful content and share this post! #BusinessTaxes #TaxDeduction #bookkeeping #accounting #bookkeeper #quickbooks #taxaccountant #taxconsultant #taxstrategist #taxstrategies #taxpreparation #PalmBayBookkeeper #PalmBayAccountant #FLBookkeeper #FLAccountant #FloridaBookkeeper #FloridaAccountant #EliteTaxStrategies
To view or add a comment, sign in
-
-
The answer depends on the situation. Here’s a quick guide: ✅ Fully deductible if it’s provided to employees in the workplace. ✅ Deductible as a business meal if purchased during a meeting with a client. ✅ Deductible if they’re part of your business travel expenses. ❌ Not deductible if it’s drinks or coffee at a coffee by yourself or with friends or drinks/coffee for your home office. Always keep detailed receipts and documentation to back up your claims! Follow for more helpful content and share this post! #BusinessTaxes #TaxDeduction #bookkeeping #accounting #bookkeeper #quickbooks #trainingbusiness #coachingbusiness #coachingbusinesses #poolbuilder #poolbuilders #construction #constructionbusiness #interiordesigner #interiordesigners #mediacompany #networking #networkingfranchise #realestatebroker #realestatebrokers #homerental #homerentalcompanies #equipmentleasing #LouisianaBookkeeper #LouisianaAccountant #LakeCharlesBookkeeper #LakeCharlesAccountant #BottomLineBookkeepingSolutions #BottomLineFocused
To view or add a comment, sign in
-
-
The answer depends on the situation. Here’s a quick guide: ✅ Fully deductible if it’s provided to employees in the workplace. ✅ Deductible as a business meal if purchased during a meeting with a client. ✅ Deductible if they’re part of your business travel expenses. ❌ Not deductible if it’s drinks or coffee by yourself or with friends or drinks/coffee for your home office. Always keep detailed receipts and documentation to back up your claims! Follow for more helpful content and share this post! #BusinessTaxes #TaxDeduction #bookkeeping #accounting #bookkeeper #quickbooks #businessconsulting #seattle #boulebooks #duvallchamber #parasolbiz #readmorebooks #buildingyourbusiness #passionpurposeprofit #elevateyourbusiness #businessconnections #ParasolBusinessConsulting
To view or add a comment, sign in
-
-
Profit margin is the percentage of revenue left after paying business expenses. There are two main types of profit margin. 1. Gross profit margin is the portion of income left after paying for the goods and services you sell. 2. Net profit margin is the portion of income left after paying all costs and taxes. Remember, without accurate bookkeeping, profit margins are likely to be miscalculated, potentially leading to misguided business decisions. Empower your decision-making with crystal-clear financials. We can tailor our bookkeeping solutions to meet your unique business needs. Let's chat! https://lnkd.in/euBu23hN #bookkeeping #accounting #bookkeeper #quickbooks #therapist #therapists #medspa #medspalife #chiropractor #chiropractors #servicebasedbusiness #healthandwellness #utahsmallbusiness #SaratogaSpringsBookkeeper #SaratogaSpringsAccountant #UtahBookkeeper #UtahAccountant #BurnsideBookkeeping
To view or add a comment, sign in
-
It’s always important to keep detailed records and receipts! Meals expenses are generally 50% deductible. However, always consult with a tax professional for more details and to ensure you’re maximizing your deductions. Have questions about what’s deductible for your business? Drop them in the comments or send us a message! text or call 469 833 5650 email betty@vbss.pro #TaxDeductions #BusinessMeals #BusinessBookkeeping #taxpreparer #Bookkeeping #taxdeadline #SmallBusiness #filingdeadline #october15 #virtualtaxpreparer #virtualbookkeeper #virtualbusinesssolutionsservice
To view or add a comment, sign in
-
-
Focus on what you’re good at and trust the experts. At Bookkeeping Unlimited, we provide proven and customizable solutions so you don’t have to worry if you are making the right choices when it comes to your books. You know the ins and outs of your business, and we know the ins and outs of bookkeeping. Managing Accounts Receivable, Accounts Payable and making sure you are always caught up on Payroll are just a few of the things we do to help your business thrive. #bookkeeping #bookkeepingunlimited #mondayreminder #mondaymotivation #smallbusinesss #smallbusinessowner #smallbusinesses #supportsmallbusinessed #bookkeeper #virtualbookkeeper #taxtime #posttaxtime #taxseason
To view or add a comment, sign in
-
-
With the holidays in full swing, it’s easy to get wrapped up in the sales rush. But while things are busy, don’t forget to keep an eye on your cash flow and expenses! Tag a business friend who could use this reminder #Holiday #Entrepreneur #bookkeeping #accounting #bookkeeper #quickbooks #Construction #Contractor #MedSpa #AestheticMedicine #WillcoxBookkeeper #ArizonaBookkeeper #AZBookkeeper #OversightBookkeepers
To view or add a comment, sign in
-
-
💼📊 Bookkeeping isn’t just for tax time! Staying on top of your finances year-round helps you: 1️⃣ Plan where your money goes 2️⃣ Spot new business opportunities 3️⃣ Set your business up for growth 4️⃣ Catch mistakes and save money Need help? Contact us today and keep your business on track for success! https://lnkd.in/guuaMh9q #BooksNeedKeeping #NicoleShannon #FinancialClarity #BusinessSuccess #ExpertBookkeeping #Bookkeeping #BookkeepingEssentials #OrganizedFinances #TaxSavings #AccurateBookkeeping #BookkeepingBasics #TrustedBookkeeping
To view or add a comment, sign in
-
-
Without clear data, it’s impossible to make informed decisions—this is especially true with your finances. Tracking your income, expenses, and key metrics regularly gives you the insights you need to grow your business, identify opportunities, and avoid costly mistakes. Consistency in tracking isn’t just about numbers—it’s about clarity and control. What are you currently tracking, and how has it helped you make better decisions? Let us know! #BusinessMoney #MoneyTip #bookkeeping #accounting #bookkeeper #quickbooks #BikeShop #KaraokeBar #VetHospital #Landscaping #GeneralContractors #EventPlanner #HomeHealthAides #VacationRentals #BurialVaults #SouthJerseyBookkeeper #JerseyShoreBookkeeper #AtlanticCityBookkeeper #NewJerseyBookkeeper #DaniMacBookkeeping
To view or add a comment, sign in
-