WHICH BUSINESS EXPENSES CAN I DEDUCT FOR INCOME TAX PURPOSES ppt

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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.

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WHICH BUSINESS EXPENSES CAN I DEDUCT FOR INCOME TAX PURPOSES?:

WHICH BUSINESS EXPENSES CAN I DEDUCT FOR INCOME TAX PURPOSES?

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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.

PowerPoint Presentation:

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.

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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:- :

About Us:- e-Branding India Technologies is the group company headed by Mr. Prakash Bhosale (e-Marketing Consultant) involved in providing Marketing Consultancy & services to small & medium companies, start-up companies & entrepreneurs.

Our Team:- :

Our Team:- We are team of e-marketing Consultants, commercial designers, web technologist, engineers, software developers, Brand consultants, Advocates 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 , Qualified Google Adwords Professionals by Google Inc, Commercial Artist from JJ School of Art.

 About Me:- :

About Me:- After completion of MBA in marketing started career as professor for few months and moved to Mumbai passion to do something in online marketing & educational entrepreneurship. First started working with Leading B2B portals 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.com  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.

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Apart from leading e-Branding India , I also work as project guide for MBA students of IGNOU, Mumbai , Pune , UK Universities . I am also a Certified Google Adwords Professional by Google Inc. I live at Miraroad -Mumbai ( east) & my office is at Goregaon (east) in Mumbai city of Republic of India , I also visit Pune some  time . I can meet clients at my Goregaon office for e-marketing & business consultancy business from Monday to Friday. I can meet students on Saturday and Sunday at Miraoard (east) . All meetings will prior to appointment only. For US & UK Students and clients I am available on Skype ( ID- ebrandingindia )

Our Services:- :

Our Services:- New business Consultancy:- We help you to convert ideas in real 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

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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.

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Creative & Branding:- We help you to visualize your business. 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 walk through /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

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Software Development:- We help you to make your business tech enable. 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.

Content, Copy, Thesis & Project writing: - :

Content, Copy, Thesis & Project writing: - Website writing , Blog , Articles, PR writing , MBA, MCA,BCA project writing & consulting in marketing, finance, operations ,IT etc for UK, US, Indian Universities . Thesis witting.  Synopsis , project proposal writing, editing consultation etc.

 Contact Us :

Contact Us Our Locations : Texas (Dallas)USA , Miraroad East –Mumbai-India , Goregaon East –Mumbai-India Chinchwad – Pune -India, Vishrambag - Sangli -India, Navjeevan Nagar- Sangli -India Contact No: +91-8097027355, +91-9222086563, +91-9224335234, +91-9594430949, +91-9768679977, +91-22-64468587

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Email : info@ebrandingindia.com, ebrandingindia@gmail.com,bhosale1611@gmail.com. Skype ID : ebrandingINDIA Contact Person: Mr.Prakash Bhosale Our Websites :- www.ebrandingindia.com www.mbaprojectreports.com www.outsourcepptpresentation.com www.virtualeforce.com www.vasai2boisar.com

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