Tips About Employee Business Expenses

If you are an employer who has paid your employees for certain expenses, or you are an employee who receives paid benefits from your employer, you may want to read these tips:

  1. As an employer, you can only deduct expenses that are ordinary and necessary.
  2. Some common examples of employee business expenses are work clothes or uniforms, business use of a car, meals away from the office, travel, and employee training.
  3. If you are a teacher, you can deduct up to $250 in school expenses that you purchased out of your own pocket, such as books, supplies, and other school equipment.
  4. Maintain your records.
  5. Maintain your records. This tip is so important, we had to say it twice.

If you need help with your tax situation, contact our law office at 816-524-4949 or www.Hoorfarlaw.com.

This entry was posted in General and tagged , , , , . Bookmark the permalink.

Leave a Reply