Are marketing expenses tax deductibles?
Yes, marketing expenses are tax-deductible! In fact, you can deduct pretty much any business-related expense that you incur, as long as it’s considered “reasonable and necessary” by the IRS. So, if you’re spending money on marketing materials, advertising, or promotional events, you can write it off come tax time.
Of course, there are always exceptions to the rule. For instance, if you’re using your personal vehicle for business purposes (like visiting clients or driving to meetings), you can only deduct a portion of your gasoline costs. And if you’re shelling out big bucks for a fancy new website or TV commercial, those expenses might be considered “capital improvements” by the IRS and not immediately deductible.
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