10/22/2026
Using your business card doesn't automatically make something a write-off...
A business expense is a cost of running your business. A tax deduction is an allowable amount that reduces your taxable income โ They're not the same thing, and mixing them up is one of the easiest ways to get in trouble at tax time.
What you purchased, why you purchased it, and the tax rules that apply all matter.
Before you file something away as a business write-off, ask yourself:
โก๏ธ Was it actually for the business?
โก๏ธ Is it ordinary and necessary for what you do?
โก๏ธ Is it fully deductible, or only partially (home office expenses and meals and entertainment for example)?
โก๏ธ Do you have the proper records to back it up?
If you're not sure on any of these, that's usually where things start getting messy, and why having a monthly bookkeeper can be helpful!
๐ Send me a message if you want a second set of eyes on your expenses!