Insurance Business insurance premiums, including general liability, malpractice, and commercial real estate or property insurance, typically have their own dedicated expense category. 11. Travel ...

In this guide, Ramp explains what qualifies as a deductible business expense, breaks down how to categorize business expenses, and lists 35 common expense categories for businesses of any size, in ...

33. Gifts Business-related gifts to clients, employees, or vendors are considered business expenses so long as the purpose of the gift is to promote business relations. 34. Bank fees ...

Business software is usually a tax-deductible business expense category. This includes subscription costs or the outright cost to own the software, including accounting or project management tools.

Small business owners often struggle with expense categorization, but there's no need to overcomplicate the process. Keep expense categories general and limit the number of general ledger accounts ...