Maximizing Boutique Owner Tax Write-Off's

When we are deep in times of inflation, these are the times you do not want to miss out on lawful write-off’s so you can get back some of your hard-earned money. Having an industry-specific bookkeeper is key - they’re going to know all the write-off’s available to you that other bookkeepers wouldn’t be aware of.

Tip: As your tracking your write-off’s this year, take it to the next level and a strategic question you can ask yourself is “How can I make the money I am spending, or was going to spend anyway, a write-off for my business?”

BOUTIQUE OWNER WRITE-OFF’S:

Bookkeeping expenses
Business consulting
Business subscriptions/Online education
Business mileage: post office, UPS, markets, events
Props for all areas of business - shop, online, pop-up
Plane tickets for business
Props, etc for shoots
Shipping supplies
Package protection fees
Office supplies
Events (food, decorations, etc)
Donations/Sponsorships
Giveaway items
Phone supplies (chargers/cases)
iCloud storage fees
Storage unit
Technology repairs (phone, iPad, etc)
Shipping from vendors
Cleaners
Hair and nails for lives/modeling
Meals
Business ads (Pinterest, Facebook, Instagram, etc)
Phone bill 
Mortgage/Rent (home office + shop)
Utilities
Internet
Contractors (photographers, models, website design, etc)
Sales tax on vehicle
Car insurance
Car maintenance 
Apple Music/Spotify if you use it in your shop
Amazon Prime for your business

We hope this list helps you track your expenses! Need to outsource to industry-expert bookkeepers who won't miss write-off opportunities for boutiques? Get a free estimate.