Working with YBSG Sales Coaching is proving to be a Win-Win scenario for the fierce female entrepreneur. Our goal is to push entrepreneurs to new earning levels. The great news is that our programs are tax deductible.
According to an article written by Bryce Warnes, the cost of advertising and promotion is 100% deductible, including things like the cost of printing business cards. That’s right. Expenses associated with advertising and promoting your business is tax deductible. The purpose of our programs is to increase relevance and promote the brand through enhanced sales strategy techniques. Read more at https://bench.co/blog/tax-tips/small-business-tax-deductions/#ozqWPq3WepQ3DuEp.99
If you’re a startup, remember that the costs for advertising when starting a business is tax deductible. All startup costs are totaled together when determining tax deductions. Advertising expenses are lumped in that figuring with other expenses.
You may deduct up to $5000 of startup costs, including advertising, in your first year of business. The rest must be depreciated over time.
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