December 19, 2017, | Aimee Supp
Coming up at the end of the year, NOW is the time to act to make sure that you are leveraging your business expenses as much as possible before the year-end.
TIPS TO MAXIMIZE YOUR TRADE DOLLARS TO HELP MINIMIZE YOUR TAX BURDEN
EMPLOYEE BONUSES and GIFTS
JTEX Gift Cards are an excellent way to reward your key employees or say “Thank You” to your entire team. These gift cards are re-loadable and give your employees access to over 500 local businesses and the flexibility for them to spend their bonus on the things they want and need! Not to forget, that keeps those JTEX Dollars flowing through our community and truly staying local.
BUSINESS EXPENSES
Minimize your tax burden this year and pay any invoices before the end of the year.
Social Media Consulting
Print and Radio Advertising
Printing needs
Business Coaching
Accountant & Bookkeeping
MEDICAL EXPENSES
If you have any remaining medical expenses that can be paid using trade and then reimbursed with cash through your MSA/HSA, now’s the time to pay those as well.
Chiropractic Care
Physical Therapy
Hearing Aids
CHARITABLE DONATIONS
By accepting donations in JTEX dollars, non-profits are able to offset burdensome operational expenses and keep more cash focused on helping those in need. Because every JTEX dollar that a business earns represents new sales through the network, JTEXs members are able to donate their JTEXdollars freely without hurting their bottom line. Just call the JTEX office to donate!
REMEMBER: Trade expenses are JUST as tax deductible as cash expenses! Speak to your tax professional for confirmation that BOTH your cash and trade expenses are tax deductible before purchasing.
