Originally Posted by earlystart:
I wasn't able to find this by searching threads, so, does anyone know if you can deduct the shipping costs of items you buy for the daycare online? I know we can include sales tax, but now I'm wondering about shipping costs. If so, do we just include it as part of the item price, or keep a separate category for shipping expenses? For example, if I buy a toy online for $5, and shipping is $5, and tax is $0.40, do I consider this item's cost to be $10.40?
In my opinion, I can't see why not. It is still an expense for your business.