Can I write off my subscription to Quickbooks?

Business Expensesfreelancerssmall businessaccountantsconsultants

The cost of a QuickBooks subscription is deductible as a business expense if it is used to manage the financial records of a business. This includes tracking income and expenses, generating invoices, and preparing financial statements. However, if QuickBooks is used for personal finance management, the expense is not deductible. For example, a small business owner using QuickBooks to manage their business finances can deduct the subscription cost, but an individual using it for personal budgeting cannot.

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