If your phone and Wi-Fi services are predominantly utilized for business activities—such as scheduling appointments, communicating with patients, or managing various business-related tasks—you may be eligible to deduct these expenses from your taxes. It’s essential to ensure that your usage is strictly business-related in order to comply with the llc tax filing deadline 2024 requirements for the year 2024. To support your deductions, keep meticulous records that clearly differentiate between your business and personal usage. Additionally, you can claim a portion of your monthly phone plan and internet bills based on the percentage of time that these services are used for business purposes. This documentation will be vital in justifying your deductions and ensuring compliance with tax regulations.
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