Digital marketing agencies, don't forget to deduct your costs from providing advertising and marketing services to your clients. This can include costs from email campaigns and LinkedIn marketing. These expenses typically can fall under cost of goods sold (COGS) or operational expenses.
Also, remember to deduct your own advertising and marketing expenses you pay for marketing your own business.
Another key tip: if you run your business from home, remember to deduct your home office. Even as a digital nomad, having a set workspace can qualify for this deduction.
Stay compliant and optimize your deductions.
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