15 Tax Deductions for Hairstylist

The IRS defines tax deductible expenses as almost any “ordinary, necessary, and reasonable” expenses that help to earn business income. Deductible expenses are those that can be subtracted from a company’s income before it is subject to taxation.

The following are 15 deductible business expenses for Hairstylist:

1. Accounting
2. Add campaigns
3. Insurance
4. Laundering towels
5. Licenses
6. Office supplies
7. Sharpening shears
8. Shop rent
9. Software
10. Supplies such as; shampoo, color, towels, shears, stoves, conditioner, etc.
11. Tax preparation
12. Telephone
13. Training
14. Website hosting
15. Work clothes (only if these can’t be worn outside the salon)

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