DEDUCTING BUSINESS-RELATED CAR EXPENSES
If you're self-employed and use your car for business, you can deduct certain business-related car expenses. First thing small business owners need to know is that there are two options for claiming deductions
Holiday Deductions
Holiday gifts made to customers are generally deductible as ordinary and necessary business expenses.
Business Entertainment Expenses
As a business owner, you are eligible to deduct certain expenses related to entertaining clients.