It's always a pain to do business. When the tax man comes to your door and people ask you for more printer ink cartridges. Get rid of these problems by lowering your operating costs with 123inkjets coupons and looking for tax deductions.
The tax man is coming!
You can cut your operating costs in many ways, such as by using 123inkjets coupons for printers that go through a lot of ink. When the tax man comes, you can't stick your head in the sand, but you can do things to lower your taxes. One way to feel better before tax month is to take advantage of business expense tax deductions.
How? For a small business, you can legally deduct a number of business-related costs. It all comes down to one thing: keep every receipt for money you spend on business-related things. Check out what's below:
- Have you taken out the wages and benefits of your employees?
- If you pay rent, keep your receipts and a copy of the lease.
Do you still owe money on that business loan?
Have you recently fixed anything in your store?
- Did you give your staff any training? Hold onto those bills.
- Do you have insurance for your business?
How much do you spend on ads? Promotions?
- Do you pay property taxes on the business property you own?
- Do you pay other taxes on your income, such as state, local, or foreign taxes?
- What about phone and utility bills?
- Have you paid any professional or legal fees for your business?
If you didn't know you could deduct these things from your taxes, it's time to get rid of the tax man. Don't get nervous when he comes around to do an audit. Put all of your expenses in your financial ledger in the right way and get your receipts ready.
These deductions can give you more money and room to breathe. What about those ink cartridges, though?
Don't just look at it.
Okay, printer prices have gone down a lot, and you can get good colour prints for less than $100. Things to think about are the costs of things like toners and paper that need to be replaced from time to time. So, how can coupons for 123inkjets help you lower your operating costs?
Using 123inkjets coupons to save up to 69 percent on your brand of print ink is a smart business move. With the following tips, you can still reduce your cash outflow:
- Go mono if you don't use a lot of colour.
- Buy ink in bulk. When you buy in bulk, suppliers will give you better deals.
- Find out how many pages the ink cartridge can cover by looking at the ink yield. That's about 450, depending on how often you usually print.
Keep an eye on the paper as well as the ink level. Use cheaper paper that is good for everything and works with your printer. Don't forget to tell your employees to recycle the paper they use for memos and notepads in the office.
When the low toner light comes on, it's nothing to worry about. Shake that toner drum up and down. If the warning light keeps blinking, you need a new toner cartridge.
Use the draught mode to print. That's a good way to save money on ink and toner. So, make sure your printers are set to draught mode and use this for notes or prints you only need for the office.
With these tips for cutting costs, 123inkjets coupons, and tax deductions, you can turn your business's cash outflow into more money for you.
