If you haven't gotten your taxes done yet but are planning on it, remember your deductions!
Whether you are a Hair Stylist, a Barber, or a Professional Groomer, we all have to turn in our taxes to the IRS by April 15th. We just want to remind you to not forget your deductions! Since most of us have to purchase our own hair cutting tools, hair dryers, razors, gloves, etc. to perform our jobs, many things you use everyday ARE tax deductions! Keep reciepts and invoices for everything you buy. These expenses add up into a tax deductions and can DECREASE what you owe the IRS or INCREASE your refund!
Some things hair cutting professionals forget to itemize as deductions are: subscriptions to industry publications, continuing education costs, appointment books, or appointment booking services, advertising costs, even business cards!
Check with your tax preparer, or if doing your own taxes, consult the IRS website or offices for what is and what is not a tax deduction. And since you are getting a refund now, be sure to check out some of new and exciting products, like that new razor you have had your eye on, new shears or a case or holster to protect your investment in your shears!
Whether you are a Hair Stylist, a Barber, or a Professional Groomer, we all have to turn in our taxes to the IRS by April 15th. We just want to remind you to not forget your deductions! Since most of us have to purchase our own hair cutting tools, hair dryers, razors, gloves, etc. to perform our jobs, many things you use everyday ARE tax deductions! Keep reciepts and invoices for everything you buy. These expenses add up into a tax deductions and can DECREASE what you owe the IRS or INCREASE your refund!
Some things hair cutting professionals forget to itemize as deductions are: subscriptions to industry publications, continuing education costs, appointment books, or appointment booking services, advertising costs, even business cards!
Check with your tax preparer, or if doing your own taxes, consult the IRS website or offices for what is and what is not a tax deduction. And since you are getting a refund now, be sure to check out some of new and exciting products, like that new razor you have had your eye on, new shears or a case or holster to protect your investment in your shears!
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