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WHICH BUSINESS EXPENSES CAN I DEDUCT FOR INCOME TAX PURPOSES? In order to maximize your business deductions and minimize the tax you must pay-either directly from the business or due to flow-through income reportable on your personal tax return familiarize yourself with the following deductions. Remember, each Money not paid in tax is extra Money that may be taken out as profits. Small business owners struggle every year with what deductions they can take on their income taxes. If a business is a sole proprietorship, then the owner is usually served best by deducting most business expenses on federal tax Schedule C. Some business owners use federal tax Schedule A. Owners of sole proprietorships usually get more mileage and bang for their buck out of Schedule C. Cost of goods sold The first expense a small business must consider is cost of goods sold. This expense is only applicable if the business sells a product that it manufactures. If the business sells a service, chances are the cost of goods sold line on Schedule C will be left blank since it deals with inventory. In order to value inventory, determine its value at both the beginning and end of the accounting period. The cost of the raw materials to manufacture the inventory plus any freight to ship the raw materials and any storage is included in the cost. Automobile expenses The deduction for automobile expenses isn't limited to automobiles. It applies to all the vehicles used in your business, including cars, vans, pickup trucks, trucks, buses and anything else that serves the same purpose of transporting people or things for your business. There are special rules, however, that apply to automobiles, as opposed to heavier commercial transportation equipment like specially equipped trucks, big-rig tractor-trailers, etc. By the way, some of the larger SUVs-those heavier than 8,000 Kgs-are not subject to the limitations applicable to automobiles. Business-related use of an automobile or other vehicle is deductible. Personal use, including commuting to and from work, is not.
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SEO SEMSEO SEM
The more content you create, the more traffic and leads your business will see.
BloggingBlogging
The study compared blogging frequency against traffic & leads. The results showed staggering correlations.
Twitter / FacebookTwitter / Facebook
The businesses’ social media reach had a strong correlation with traffic and leads.
OUR VALUE PROPOSITIONOur client based in India & US that look to us to provide innovative strategies and solutions.
Idea Generation for Marketing your Brand
IDEA
22
Shaping Ideas into feasible solutions
SOLUTION
Continued Innovation in Customer Interaction Management
INNOVATION
SEO SEM
The more content you create, the more traffic and leads your business will see.
Blogging
The study compared blogging frequency against traffic & leads. The results showed staggering correlations.
Twitter / Facebook
The businesses’ social media reach had a strong correlation with traffic and leads.
WHICH BUSINESS EXPENSES CAN I DEDUCT FOR INCOME TAX PURPOSES?
In order to maximize your business deductions and minimize
the tax you must pay-either directly from the business or due to flow-through income reportable on your personal tax return familiarize yourself with the following deductions. Remember, each Money not paid in tax is extra Money that may be taken out as profits.
Small business owners struggle every year with what deductions they can take on their income taxes. If a business is a sole proprietorship, then the owner is usually served best by deducting most business expenses on federal tax Schedule C. Some business owners use federal tax
Schedule A. Owners of sole proprietorships usually get more mileage and bang for their buck out of Schedule C.
Cost of goods sold The first expense a small business must consider is cost of
goods sold. This expense is only applicable if the business sells a product that it manufactures. If the business sells a service, chances are the cost of goods sold line on Schedule C will be left blank since it deals with inventory. In order to value inventory, determine its value at both the beginning and end of the accounting period. The cost of the raw materials to manufacture the inventory plus any freight to ship the raw materials and any storage is included in the cost.
Automobile expenses The deduction for automobile expenses isn't limited to
automobiles. It applies to all the vehicles used in your business, including cars, vans, pickup trucks, trucks, buses and anything else that serves the same purpose of transporting people or things for your business. There are special rules, however, that apply to automobiles, as opposed to heavier commercial transportation equipment like specially equipped trucks, big-rig tractor-trailers, etc. By the way, some of the larger SUVs-those heavier than 8,000 Kgs-are not subject to the limitations applicable to automobiles. Business-related use of an automobile or other vehicle is deductible. Personal use, including commuting to and from work, is not.
• About Us:-• E-Branding India Technologies is the group company headed by
Mr.Prakash Bhosale (e-Marketing Consultant) involved in providing Marketing & Management Consultancy & services to small & medium companies start -up companies, entrepreneurs.
• Our Team:-• We are team of marketing Consultants, commercial designers,
web technologist, engineers, software developers, Brand consultants, Advocates, Charted Accountants spread across Mumbai, Pune, Thane, USA & we provide consulting services online across India & world.
• Qualification & Experience of Team Members: - Average experience of each team member is more than 9 years in respective field ,With qualifications like MBA,MCA,BCA,B.Tech,LLB,CA,Qualified Google Adwords Professionals by Google Inc, Commercial Artist from JJ School of Art.
• Services we offer:- • Consulting: - We help you to select, start, manage & develop
your business.We listen your concept / idea about your dreamed business & help you to develop, plan, execute the things so you can see your dream of entrepreneurship in reality. Services includes e-marketing , e-branding ,e-advertising , sales & general management consultancy , sales policy, designing marketing strategy, business consultancy services, Brand/company registration for Indian as well as NRI & Foreign nationals , research & Business feasibility report preparation , agents / dealership /franchise development , lead generation for product/services. Suggestion of new business Ideas based on your budget, your interest, opportunity, suitable to your area etc.
• Online Marketing: - We help you to grow your business online.SEO(Search Engine Optimization),SMO(Social Media Optimization) SMO/PPC (Pay per click -Search Engine Marketing ),Video marketing ,Digital Media buying & Planning, Online PR/reputation management ,Viral Marketing ,Online Market Research, Web Banner advertising, Email Mass/bulk Marketing, Content/copy Writing, Prospective Customer Generation Marketing(CPL-cost per lead ),Database Sourcing Consultancy , online marketing Outsourcing to India.
• Creative & visualization; - We help you to visualize your business/brand in your customers mind.
Right from business name suggestion, your visiting card to TV commercial ad Web & logo Designing, E-Mailers, Corporate Presentation, PPT Presentation, Corporate & Ad Films, Product Demos,3d walkthrough /Animation,.
Corporate stationary designing, Packaging Designing, Broachers & leaflets, Flash Presentation, Creative services Outsourcing for US,UK & Oversees client , Mobile apps interface Designing& many more whichever is required for business communication
• Technology: - We help you to leverage & develop technology to run & develop your business.Software Development & IT Support, PHP, HTML,.Net, JAVA, Ajax Development ,Mass emailing software ,E-CRM, Online Business Process Software ,E-commerce Solutions/Portals, Hosting & C-panel Setup, Flash & Animation Integration, CMS Setup, Blog Setup & Updates, Domain Name Registration & Hosting, Updating Existing Websites, Custom Web Development, Web & software development outsourcing ,Mobile Application Development, I phone Apps, Android Apps, I pad Apps, software development outsourcing to India.
• Thanks & Regards Prakash Bhosale E-Marketing & Business Consultant E-Branding India Technologies• About Me:- After completion of MBA in marketing & Finance started career
as professor of marketing for few months and moved to Mumbai passion to do something in online marketing & educational entrepreneurship. First started working with leading B2B portal and helped hundreds of SME’s to rake their website on Google with 1000’s of keywords, after that kept working with few other web portals and with Google ad words for three years but ambition of starting on own could not allowed me to keep working with Google as well, finally after leaving Google, e-Branding India Technologies has took birth in 2009. Apart from leading e-Branding India,
I also work as project & PhD guide for MBA students of IGNOU, Mumbai, Pune, UK, US etc Universities with team of professors & writers. I am also a Certified Google Ad words Professional by Google Inc.I live & my office is in Mumbai city of Republic of India. I also visit Pune 2 times a month. I can meet clients at my office for e-marketing, SEO, SEM, SMO & business consultancy from Monday to Friday form Mon to Fri (10 am to 7 pm). All meetings will prior to appointment only. For US & UK clients & students and clients I am available on Skype ( ID- ebrandingindia)
• Contact Us at • Phone: - 08097027355, 09224335234, 022- 64468587,
09222086563• Email: - [email protected],
[email protected]• Gtalk :- [email protected]• Skype: - ebrandingINDIA• Office hours- 10 A.M to 7 P.M MON to FRI• http://ebrandingindia.blogspot.in/2013/01/consultancy.html
www.ebrandingindia.com/consultancy• http://guide2entrepreneurs.blogspot.in/• http://in.linkedin.com/pub/prakash-bhosale/7/754/a9a
• Suggested Business of this month Start own business with investment of Rs.3.5 Lacks.
One can make monthly profit of Rs.35000 and above.
Any technical knowledge not required.
We provide complete basic training & guidance.• For more information visit • www.tshirtprintingmachine.in
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QualityQualityIt is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.
Join UsJoin UsIt is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.
THANK YOU…Prakash Bhosale+91 9222086563
