|
Seperate Business Credit Card
If you use one separate credit card for ONLY business expenses, it's MUCH easier to keep track of what you can deduct. It doesn't have to be a special card, or one with a large limit (particularly in a single therapist business). I just got a store card Visa. Also, I believe, although I am not 100% sure, that with a card used only for business, you can deduct interest as well. That can be a big help for large purchases that you can't pay off in one month.
Click here to post comments.
Join in and write your own page! It's easy to do. How?
Simply click here to return to Massage Tax Planning Tips.
|