• Thankful For Your Family…. Business?
    Landscaping businesses are often family endeavors. While this can combine the best of both worlds (personal and professional), it isn’t always smooth sailing. Click here to read more.

Tax Deductions

elijahjames

LawnSite Member
Location
California
Besides the standard deductions for equipment, health insurance, advertising, etc. Are there other less known items I should be keeping track of for year end taxes? I know the big one lately is deducting the entire cost of a vehicle weighing over 6,000 pounds. Thanks in advance.
 

prizeprop

LawnSite Senior Member
Location
Warren,N.J.
Save every receipt you get and your accountant will tell you whats what.-----everything,stationary,postage,nuts and bolts,tolls,work cloths,office space,phones etc. materials,disposal
 

MacLawnCo

LawnSite Bronze Member
off road fuel tax credit, 19 cents per gallon. "uniforms" specificly for work and associated laundering costs. the list literally goes on and on. see an accountant to know exactly what can and cant be done.
 
Top