Planning Form

Business Income & Expenses

Business Expenses

Name

First

Last

Business Name or Description

Are these expenses for the 2024 tax year?

Yes

What tax year are these expenses for?

Do not include the following expenses in your business expenses

Does your business have inventory? This would be very rare among my clients. If you are not absolutely positive you have inventory, mark no.

Yes

Service businesses do not have inventory. This would be the phsyical goods you were selling if you were a retailer, reseller or dealer. A grocery store or bookstore has inventory.

What was the value of your inventory on January 1?

What was the value of your inventory on December 31?

Advertising expenses

Commissions and fees

Contractor expense

Include all payments made to individuals or business for services rendered that aren't included in W2 pay

Insurance other than health

Legal and professional fees

Accounting, legal and consulting fees

Office expense

Rents for offices and real property

This would be for physical offices or storefronts

Other rents

This would be if you rented cameras, heavy equipment or other items to earn your business income

Supplies

Repairs and Maintenance

Taxes and permits

This would include business licenses, statement of information fees and similar. Do not include any personal tax payments.

Travel

Business Meals

Computer and software

Research and education

Dues and subscriptions

Postage and delivery

Printing

Gifts

Interest paid

Other Expenses

Description

Amount

Add Remove

If you are human, leave this field blank.