Welcome to www.OnlineOrganizing.com -- A World Of Organizing Solutions Your Order Your Shopping Cart About Us Contact Us Site Map
Do You Need Help Getting Organized?Shop For Organizing And Business Development ProductsProfessional Organizing ServicesFind A Seminar, Workshop, Or Keynote SpeakerRead Our Two Free Monthly NewslettersFree Organizing Tips And AdviceResources For Professional OrganizersLearn How To Become A Professional OrganizerUseful Organizing Website LinksUseful Organizing Website Links


Search for:

Category:


Here are some random keywords you might like to explore:

You Are Here: Home - Newsletters - "Organized For A Living" - Article

     Understanding Marketing Tax Deductions


MARKETING is a necessary expense in running practically any business and the IRS acknowledges as much. You may run advertisements on or in the Internet, radio, television, magazines, newspapers and other media to sell your products or services. You should be DEDUCTING all of the associated costs on your tax returns.
ORDINARY MARKETING EXPENSES

Marketing costs must be "ordinary and necessary" business expenses in order to be deductible. Put in layman's terms, you marketing must be reasonably RELATED to the promotion of your business and the expense amount must be a REASONABLE amount.
DEDUCTIBLE MARKETING EXPENSES

Common deductible marketing expenses include the costs associated with the following items:
  • business CARDS and brochures
  • yellow page advertisements
  • ADVERTISEMENTS in print media such as newspapers
  • telemarketing
  • WEBSITE costs including creation and maintenance
  • costs for advertisements on the internet
  • billboards
  • graphic DESIGN costs
GOODWILL MARKETING FOR YOUR BUSINESS

Marketing that is intended to portray your business POSITIVELY can be deducted. Such marketing creates a long-term potential for business and, thus, falls within the ordinary and normal requirements of the tax code. Examples of such marketing include:
  • SPONSORING local youth sports teams
  • distributing SAMPLES of your business product
  • costs associated with prizes offered by your business in a CONTEST
COMMON SENSE

As long as your marketing expenses can be reasonably related to the PROMOTION of your business, you should be deducting said expenses from your gross revenues. If you failed to claim any such expenses on your tax returns, your probably overpaid your taxes.

 

Richard Chapo is with BusinessTaxRecovery.com -- providing information on taxes.


Would you like to reprint this article in your publication -- or distribute it to a wider audience? Click here for reprinting instructions.

Want to receive these kind of articles via e-mail each month? Sign up for a free newsletter subscription.

Click here to return to "Organized For A Living" -- July 2007...

Add this page to your Bookmarks!

E-mail this page to a friend!







www.OnlineOrganizing.com is a service mark of Bradford, LLC.
Content on this site is © Bradford, LLC, All rights reserved.

If you notice any problems with this site, please contact our webmaster.
And if you don't see what you need you are welcome to "ask the organizer" any question!

To see what people are saying about www.OnlineOrganizing.com, check out our visitor comments.

Click here to view our privacy policy.

Calendar Of Organizing Holidays And Events Blog Central Sign Up For Our Free Online Newsletters Join The Conversation At Our Organizing Discussion Board Advertise Your Company On Our Website Be An Affiliate Of www.OnlineOrganizing.com
Check Us Out On FaceBook