State Specific Question About: TEXAS (TX)

__Abandonment of property used for business purposes

__Accounting and auditing expenses

__Accounts receivable - Worthless, either through purchase or exchange

__Advances made to employees canceled as bonus

__Advertising expenses such as:

__Billboards

__Cost of displays, posters, etc. to attract customers

__Fliers

__Magazines

__Newspapers

__Prizes and other expenses in holding contest or exhibitions

__Radio/TV

__Signs

__Telephone yellow pages

__Alterations of business property, if minor

__Amortization

__Attorney's fees & other legal expenses involving lawsuit

__Auto Expense (for actual mileage method only)

__Damage to auto not covered by insurance

__Depreciation

__Gas and Oil

__Insurance

__License plate

__Repairs

__Wash and Wax

__Auto Expense (for all - business use)

__Parking

__Tolls

__Auto Lease, long term (limited)

__Bad debts from sale of merchandise if previously reported income

__Bad debt from sale of services if previously reported as income

__Bank Charges

__Baseball team equipment for business publicity

__Bond losses

__Bonuses as additional compensation to employees

__Books currently expensed if life is short

__Bookkeeping services

__Broker's fees

__Building expenses

__Cleaning

__Depreciation

__Interest on mortgage

__Janitor Services

__Landscaping

__Lighting

__Painting

__Repairs

__Rubbish removal

__Taxes on property

__Utilities

__Burglary losses not covered by insurance

__Business taxes, except federal income tax

__Capital asset losses (may be limited)

__Car rentals (short term, not lease)

__Charitable contributions (may be limited)

__Casualty damages

__Chauffeur salary

__Credit card fees

__Christmas presents to employees, customers or vendors if no more than $25

__Collection expenses

__Commission paid to salesmen or agents (i.e., to secure tenants)

__Compromise costs due to settlement of accounts or through litigation

__Contributions (limited) deductible if made to IRS recognized organizations

__Convention expenses

__Consultant's cost

__Credit reports

__Custom duties

__Damages from suit against you

__Delivery costs

__Depletion

__Deposit forfeiture on purchase of property

__Depreciation

__Director Fees

__Discounts allowed to customers

__Donations (may be limited)

__Dues paid to:

__Better business bureau

__Chamber of Commerce

__Home Owners Association

__Professional Societies

__Protective Service Associations

__Technical societies

__Trade associations

__Efficiency engineer, to reduce cost of operations

__Embezzlements

__Employees welfare expenses, such as

__Christmas Parties

__Dances

__Entertainment

__Outings

__Shows or Plays

__Endorser's loss

__Entertainment Expenses (may be limited)

__Bar bill

__Sports games

__Theater & Plays

__Equipment repairs

__Equipment, minor replacements

__Exhibits and displays, to publicize your work

__Fees for passports, necessary when traveling on business

__Fees to:

__Accountants

__Agents

__Lawyers

__Professionals

__Fidelity bond

__Finder's fees

__Fire loss

__Forfeited stock

__Freight charges

__Gifts to customers ($25 annual limit per individual)

__Group insurance on employee's lives (limited)

__Guarantor's loss

__Hotel/Motel cost overnight business stay

__House sitter

__Improvements if minor

__Insurance premiums

__Accident

__Auto (if actual)

__Casualty

__Insurance premiums cont.

__Disability

__Employee bonding

__General business

__Health (may be limited)

__Term life (limit $50,000 policy)

__Workmen's Comp.

__Interest on business loans (interest tracing rules may be applicable)

__Charge cards

__Line of credit

__Mortgages

__Open loan

__Operating capital

__Internet Service Provider cost and connection charges

__Lawsuit expenses

__Legal costs

__In defense of your business

__In settlement of cases against your business

__Payment of damages

__Living quarters furnished employees for your benefit

__License fees

__Lighting

__Living quarters furnished employees for your benefit

__Maintenance of business property

__Equipment

__Office, store, warehouses, showrooms, etc

__Rent house

__Rented premises

__Management costs

__Marketing costs

__Materials & supplies

__Meals & Entertainment 100% of the following

__Company picnic

__Holiday Party

__Open house

__Overtime meals for employee's eating "in"

__Qualified banquet/seminar

__Meals and Entertainment 50% of the following

__Meal with renter, buyer, employee, contractor, CPA,

__Meals at service organizations (NAREIA) or business functions (seminar)

__Entertainment tickets

__Medical Reimbursement plan

__Membership dues (may be limited)

__Messenger service

__Motel cost overnight business stay

__Moving, cost of

__Multiple listing service fee

__Multiple listing service fee

__Newspapers, magazines, periodicals

__Office decorations (pictures, flowers, etc. less than $250)

__Office supplies & expenses

__Pen, paper, pencils

__Calculator

__Business cards

__Brochures

__Open House costs

__Pension Plan costs

__Postage

__Prizes and other expenses in holding contests or exhibitions

__Professional society dues

__Promotional costs

__Publicity expenses

__Public relations

__Refunds

__Receiver's fees

__Rents paid such as

__Business property

__Parking facilities

__Safe deposit boxes

__Warehouse and storage

__Rent settlement - cancel lease

__Rent collection expense

__Retreat for business planning, meetings, seminars

__Safe Deposit box rental

__Safety equipment

__Sample/exhibition room, hotel

__Salaries

__Security

__Alarm system

__Firearms, ammunition, licenses

__Guards

__Guard dogs and upkeep

__Seminars, business a purpose

__Small Tools & Equipment (cost less than $250 individually)

__Computer and hard drive

__Computer software

__File cabinets

__Small Tools & Equipment cont.

__Hand tools

__Instrument

__Power tools

__Printer

__Safe

__Scanner

__Sports Team equipment & sponsorship for business publicity

__Subscriptions

__Substitution expense paid due to your absence

__Taxes (all except federal income tax)

__Tax preparation

__Telephone & Telegraph expenses

__Travel expenses, business purpose

__Air-fare

__Car rental

__Laundry & cleaning

__Non-meal tips

__Rail-fair

__Taxi-fare

__Uniforms furnished employees

__Utilities

__Electricity

__Garbage collection

__Gas

__Sewer fees

__Water

__Web page costs