How to deduct business expenses

Deduct your side business

If you’re self-employed or have a small business on the side, you can take advantage of many tax deductions. The beauty is some of these mixed-use expenses would have been incurred anyway.

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Find out if you can write off the business portion of these expenses:

  • Business-related meals and entertainment
  • Mortgage interest or rent
  • Heat, hydro, phone and internet bills
  • Home cleaning supplies
  • Property taxes
  • Auto expenses
  • Office equipment and supplies, including computers, laptops, etc.

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