List of Tax-Deductible Expense Categories for Many Small Business Industries

What expense categories should I use for my business?

Use expense categories that reflect how your business operates and make it easier to prepare financial reports and tax returns. Common categories include advertising, bank fees, contract labor, insurance, office supplies, professional services, rent, repairs, software, travel, utilities, wages, and depreciation.
Tracking expenses consistently can help you:

  • Identify potentially tax-deductible business expenses
  • Prepare accurate financial statements and tax returns
  • Monitor spending and control costs
  • Understand your company’s financial performance
  • Maintain organized records in case of an audit

Use the industry-specific lists below as a starting point in Big E‑Z Books+ to categorize transactions, track cash flow, create financial reports, and send invoices—all in one place.

Put Your Expense Categories to Work With Big E‑Z Books+

Big E‑Z Books+ helps small-business owners track cash flow, send invoices, organize transactions, and manage their books with confidence.