More Money in Your Pocket

What can I write off Part 4


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In this episode, Jeff discusses:

  • Another set of tax write-off items
  • The more detailed your books, the better it is when it comes to an audit. 
  • The secret to success


Key Takeaways:

  • Keep in mind these another set of tax write-off items, which include:
  • Payroll processing expenses
  • Retirement plans
  • Permits and fees
  • Postage and shipping
  • Printing
  • Recruiting
  • Rents
  • Repairs and maintenance
  • Salaries and wages
  • Security
  • Software
  • Supplies 


  • The more detailed your books, the better it is when it comes to an audit. If everything is grouped into different line items, the IRS is more likely to look at it instead of if it's spread out into more different categories. 
  • You will never change your life until you change something that you do daily. Finding your daily routine and following it are crucial to success, along with tracking your income and expenses daily.



“You don't have to be great to start. What you do have to do is start changing to be great." —  Jeff Hockett


  

Connect with Jeff:

Website: https://www.hocketttax.com/

Email: [email protected] 

Twitter: https://twitter.com/taxgamecoach

Facebook:  https://www.facebook.com/hocketttaxandpayroll

YouTube: https://www.youtube.com/channel/UCO30L8kMHVodK8eutw1alQg/videos?view=0 

LinkedIn: www.linkedin.com/in/hocketttax

Instagram:  https://www.instagram.com/hocketttax/

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More Money in Your PocketBy Jeff Hockett