So… This is a write-off right?

When you’re running a business, it can get confusing to know which things count as write-offs and which things do not.

Check out this week’s ‘Teaching Riley’ video to learn about business expenses.

Spoiler alert: the short answer is “if you can prove that you needed to spend that money in order to make money, it probably counts as a business expense.”

BUT, as seems to be true with many things in accounting… it depends.