For LLCs, understanding which business expenses are deductible can be a game-changer come tax season. Streaming services, once solely recreational, are now a legitimate business tool for many. This guide breaks down how to determine if your streaming subscriptions can be written off, ensuring you're not leaving money on the table.
Wondering if your Netflix subscription can lighten your business tax burden? The IRS has specific criteria for deducting business expenses, and streaming services fall into a category that requires careful justification. It's not as simple as just marking it as a business cost; you need to prove its direct relevance to your professional activities.
Table of Contents Decoding Streaming Deductions The IRS Audit Radar: What Triggers Scrutiny? Navi...
