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The IRS is more concerned that the expense you are claiming is ordinary and necessary for the business and that similar businesses in the same industry would also incur these expenses. The categorizing of the expense isn't as important, although some expense categories have specific limitations. For example, the expense category of "meals and entertainment" is limited to 50% of the amount as a tax deduction, so obviously you wouldn't want to classify something in a category such as this which would limit the tax deduction.
Charitable contributions is also another limited expense item for tax deductibility...
As far as classifying something as part, supplies, office expense, repairs, etc....that would not be a major concern
OK, Great. Would those two categories be the only two that I would need to be careful with?
As far as taxation is concerned?
Those expense categories and also depreciation expense are the categories that have specific tax deduction requirements...
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