Allowable Business Expenses

- Advertising
- Allowance on capital property
- Bad debts
- Business taxes, fees, licenses, dues, memberships, & subscriptions
- Business start up costs
- Capital Cost Allowance
- Current or capital expense
- Delivery, freight, courier expenses
- Insurance
- Interest & bank fees
- Legal, accounting, & other professional fees
- Management & administration fees
- Maintenance & repairs
- Meals & entertainment
- Office expenses
- Property taxes
- Rent
- Salaries, wages, & benefits
- Supplies
- Telephone / Internet / Utilities
- Travel



Home Office Expenses (percentage based on business area out of total area)

- Insurance
- Mortgage interest
- Property taxes
- Rent payments
- Utilities



Vehicle Expense (Percentage based on business mileage out of total mileage)

Capital costs (depreciation)
Fuel
Insurance
Interest included in loan payments
Repairs & Maintenance
Parking & tolls