Can I write off bookkeeping apps like QuickBooks?

Bookkeeping software expenses are deductible as ordinary and necessary business expenses if they are used for managing the financials of a business. This deduction is applicable to both small businesses and self-employed individuals. However, if the software is used for personal financial management, it is not deductible. For example, a freelance graphic designer using QuickBooks to track income and expenses can deduct the cost of the software.