Your home based business entitles you to write off what would ordinarily be non-deductible personal expenses, such as a Super Bowl Party! (if you know how!)
(Note, make sure you invite All of your employees to insure 100% deductibility!) Here, are a couple of deductions you may have missed when planning your Super Bowl Party from Winston Thompson, CPA and Bill Young, Personal Financial Coach, who have developed a free, one year course on How to Solve Your Money Problems! 1. Drinks 2. Food, (Maybe an Extra Turkey or Ham will be left over? Tax deductible Turkey tastes sooo much better!) 3. Disposable Utensils 4. Rentals of chairs, tables, utensils 5. Serving Help (Your Kids, Spouse/ Parents?) 6. Cooking Help (Your Kids, Spouse/ Parents?) 7. Gifts or Favors $25 or less for each attendee 8. Transportation to pick up stuff 9. New Flat screen TV for business (you can put the old one in the den) 10. Or Projector for projecting presentation (game!) 11. New Surround Sound System 12. Cost to produce Invitations, including paying your kids, spouse/Parents for modeling for photo 13. Child Care,baby sitter to watch small ones 14. Delivery charges, including tips 15. Promotion costs 16. Room Rental, if appropriate 17. Cost of cleaning Company Logo'd clothing worn at party 18. Cost of cleaning table linen 19. Cost of company material distributed at party 20. Cost of cleaning up after party 21. Cost of painting, decorating premises 22. Cost of providing valet parking (your kids, parents) This is the type of information you will learn from Bill and Winston every week! Get your first free weekly lesson here http://budurl.com/3dk7 and when you register, you will receive a link to a Free Webinar Service that will let you put on Free webinars for your business! Call for more info: Bill Young 646-961-3818 Metropolitan Business Council 50 Hill St Southampton, NY 11968