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When recording an expense for tax purposes, say office supplies...is sales tax included?


When recording an expense for tax purposes, say office supplies...is sales tax included?

The total spent on the supplies including sales tax, shipping charges, etc. is included.

years ago the irs said you could not deduct sales tax.. but there are other ways to get around this..... on major purchases that are necessary for your busines.. you can depreciate them all at once or so much each year... example you buy a new car... next day you dont want it .. return to the dealer.. he will only pay about 5 to 8 thousand less./. the money was paid as comission to the dealer and salesman.. so that is an example of depriciation.. ok gilermo.

Yes, it most certainly is part of the expense.

we include it.

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