NAICS code: 541600
Virtual assistants are self-employed people who provide services to clients while working remotely. They have a keen administrative eye and handle their client’s phone calls, travel arrangements, sending and responding to emails, and other things an executive assistant would do. If you’re a virtual assistant, you know all about working under pressure. However, you may not know a lot about tax write-offs. Allow us to simplify these write-offs for you.
We have put together a list of the most common write-offs for virtual assistants that you can use to deduct your expenses.
🧴 Productivity software
Use Schedule C, Box 18, to write it off
Software you use to track invoices and create timesheets. Write off the money you pay for software.
🕯️ Headset
Use Schedule C, Box 18, to write it off
You need a good headset to talk to your customers online. Write off expenditure.
📣 Online advertising
Write it off using: Schedule C, Box 27a
The money you spend to advertise your services is tax-deductible.
🌐 Website & hosting fees
Write it off using: Schedule C, Box 8
Squarespace, Wix, GoDaddy, and other website service fees.
📚 Books & courses
Write it off using: Schedule C, Box 27a
Learn industry trends, read books, take online and offline courses that you can write off.
📝 Office supplies
Write it off using: Schedule C, Box 18
Any office supplies you purchase, like pens, binders, printer ink and whiteboards.
🎫 Business card
Write it off using: Schedule C, Box 8
Count your business cards as advertising expenses if your contact information on them.
📱Phone, laptop, accessories
Write it off using: Schedule C, Box 27a
If you buy a phone or laptop and use it for work, it’s partially deductible.
📱 Social media tools
Write it off using: Schedule C, Box 18
Write off the tools you use to create assets, schedule posts or pull analytics.