The Tax Preparation Blog

Question: Are there tax deductions things used online for business?

If you register a business which is purely online, can you claim things like adwords/ msn, yahoo and other advertising, domains, hosting and other things online and offline for tax deductions? Thanks
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Answer: Yes, you can deduct these expenses as long as you have proof you paid them – so make sure you print out and keep invoices/receipts for them.

Business license tax change takes effect today

Beginning today the state department of revenue will collect the business license tax on behalf of local jurisdictions.

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