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Business Expenses / IRS / Taxes

Operating Expenses, What are they?

Expenses

All businesses have operating expenses, from rent and utilities to payroll and vendor payments. These expenses make up the largest part of the expenses your business incur each year and are the largest source for your business tax deductions. What is an operating expense? There are so many different types of business and what can […]

Business Expenses

How to Minimize Costs

How to Minimize Costs While Customers are Scarce All business have lean times, those times where customers are in short supply and you need to Minimize costs while you maximize your cash on hand to cover your monthly expenses, but can you do it with out sacrificing the ability to take care of your customers when the […]

Business Expenses

Business Expenses

Business Expenses

Business expenses   Keeping your receipts in order What is a Business Expense? The IRS defines a Business Expenses as a cost that is both ordinary and necessary to the operation of the business. Accurate expense tracking can give your business a great advantage at tax time. Deductible expenses can be The expenses use to […]