Business Tax Benefits

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Across
  1. 1. Deducting business expenses reduces your _____ income.
  2. 4. A professional who knows business and the tax laws and can advise you and help you file the APPROPRIATE forms to take best advantage of the tax laws
  3. 6. Some ______ expenses may be deductible - check with your accountant (2 words)
  4. 9. Ads and memberships as a monthly or annual ______ are deductible
  5. 10. Current IRS ____ rate is 55 cents per mile that includes all vehicle maintenance
  6. 12. While traveling, 50% of some _____ expenses may be deductible
  7. 13. Pencils, paper, sticky notes, and binders are examples of deductible _____ expenses
  8. 15. Deductible software rental expenses for message stream automation
  9. 17. Check with your accountant: some ____ may have to be capitalized
  10. 18. You can deduct expenses associated with _____ of your website or blog
  11. 21. Delivery fees and _____ are deductible
  12. 23. Some ____ expenses such as lodging, car rental, gasoline for rental cars, and tolls are deductible
  13. 25. You can deduct _____ you pay to YOUR affiliates
  14. 26. Connectivity and business ______ services are deductible
Down
  1. 2. There are tax advantages for deducting ______ business expenses
  2. 3. Registration of the _____ name for your website or blog is deductible
  3. 5. Graphics, programming, and ____ services may be deductible
  4. 7. Business-related _____ and Training are deductible
  5. 8. The purchase of a personal ____ or laptop is considered a capital expense
  6. 9. The cost of highly effective _____ Ads are deductible
  7. 11. Safelist _____ are deductible expenses that can allow you to receive more free advertising and higher commissions
  8. 14. ____ for your vehicle is not included in the 55 cents per mile
  9. 16. Some travel expenses are calculated differently when using your personal ______ for business
  10. 19. If you do not treat it like a business, it is a _____ and NONE of your expenses are deductible
  11. 20. These communications services may be deductible if used exclusively for your business
  12. 22. Capital expenses must be _____ over the IRS-recommended life of the asset
  13. 24. Commissions ____ are INCOME and are not deductible