Small Business Resource Guide 2002
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Index > Starting Your Business/Keeping Tax Records > What are Business Expenses

Starting Your Business/Keeping Tax Records

What are Business Expenses

Promotional Materials - Not Considered Business Gifts

You can deduct the cost of samples you give to your customers and the cost of promotional items such as posters. You cannot deduct the cost of any samples you use personally.

Important References

Publication 911                 Direct Sellers
Form 1040 Schedule C   Profit or Loss from Business