Tuesday, December 20, 2011
Your Questions About Trends Magazine
Charles asks…Can I write off magazine subscriptions as a business expense?We own a store that sells high performance car parts and accessories. There are numerous magazines that help keep us up to date on industry trends and happenings. While we do enjoy the magazines on a personal level (its a hobby turned into business), can we write off the subscriptions as tax deduction or do the publications have to meet a certain criteria.admin answers:If the magazines are effectively "trade" magazines o
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