What can you expense as a freelancer? The “Foodie” Edition 🌭
You’ve made food your business, and you spend more time at the grocery store and in the kitchen than most. So while you walk the chocolate aisle, we’ll tell you what you can expense in your line of work.
They say “you first eat with your eyes.” Whether you’re posting trendy sandwich photos on Instagram, create recipes for food blogs or run a small catering business, you’ve made food your life and we thank you. Because we like food! So now, it’s our turn to feed you with knowledge and provide you information on what you can expense from your taxes as a foodie.
Appliances, spatulas, pots and pans, blenders, you name it. Everything and anything you buy to bake, cook or roast is a business expense.
Vegetables, Flour, Chocolate, Spices… These are the raw material of your business. Everything that goes into your food (the ones you prepare for business purposes, your family meals don’t count) is considered a business expense in your line of work.
Computer Software and Hardware
Phone, computer, tablet, smartpad, digital pen, printer, mouse, keyboard...
Subscription to software (Adobe Creative, Microsoft…),
Subscription to services (Google, Vimeo…),
Cell phone bill and data usage,
Everything and anything you use when your screens are on.
Gear and Equipment
Everything and anything you use to take pictures or make videos of your finished pastries, whether it’s to put on a menu or a social media post!
Themes and plugins,
Fonts and stock visuals…
If online is your place of business, everything you spend there is tax-deductible.
Pens and Pencils,
If you still do things the old way, all your office supplies are still tax-deductible.
Cook from Home Expenses
If you use a part of your kitchen or your home exclusively for your business, you can deduct the percentage of that space on your rent and/or mortgage
Desk, furniture and decor,
Portion of your utility bills (water, electricity, internet)
Portion of your property/renter’s insurance...
You run a kitchen from home, so some of your home expenses count as work expenses.
If you meet clients face-to-face, the cost of the food and drinks on the table between you is tax-deductible.
No matter the vehicle you used to meet that client or go to that catering location, whatever you spent on that vehicle or to make that vehicle move is a work expense: train or plane tickets, gas, van or food truck purchase...
Classes and Training
Did you take a class to learn how to make French macarons? Or any other new skills to be more efficient or expand your offerings? These expenses are tax-deductible.
Subscription and dues
Whatever you spend to stay up to date with design, cooking or fashion trends (like a subscription to a magazine or to the Food Network channel) are part of your work expenses.
Gotta be in good health to do business! All your health expenses (premiums, out-of-pocket expenses, dental, vision…) are tax-deductible EXCEPT if you’re covered under a spouse or a relative’s plan.
Food Conferences and Festivals
If you participate in a business conference or walk the aisles at a food festival, the cost of your trips (conference pass, tickets, 50% of your meals, hotels) is deductible.
If you meet a client more than 100 miles away from your home, the trip counts as a business trip, therefore all the expenses engaged are tax-deductible: hotel nights, 50% of your meals, transportation...
For more details and information, please refer to this IRS article regarding business expenses.