Michael
Petruccelli says; Checklist of deductions (d)
- referral fees and commission rebates;
- retirement plan contributions;
- subscriptions to professional journals;
- real estate franchise fees;
- taxes, including payroll taxes for employees, state and local business taxes;
- telephone service fees;
- travel to business conventions, including transportation, lodging and food;
- wages and benefits paid to employees.
Note: Just because you
didn't get a receipt doesn't mean you can't deduct the expense, so keep track
of those small items.