Can I write off advertising on social media?
Business Expensessmall businessfreelancersdigital marketinge-commerce
Advertising expenses, including those incurred on social media platforms, are deductible if they are ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business. This includes costs for promoting your business, brand, or products on platforms like Facebook, Instagram, or LinkedIn. However, personal expenses or those not directly related to the business are not deductible.