As a small business owner can I write these things off on my taxes?
Question: I started a business 1 year ago and am not bringing in much money from it as of now. Every tax write off I can get would be important. I would like to know if I could write off the following things.
– All work related gas mileage for meetings.
– Purchased Laptop.
– Multimedia Development for Non-Profit Community Project.
– Blackberry Business Monthly Data Plan
– Website Hosting Fees
I of course have documentation of the listed.
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I think so except for the work for the non-profit project – no one is allowed to deduct time from taxes. That is, you can volunteer as much as you like but you cannot put a monetary value on it.