![]() ![]() Travel ExpensesĬaterers almost always deliver their food by car. The good news here is that all of these required items for a small business are fully deductible when filing taxes with the IRS. For example, if you provide soup or salad, you’d need different types of containers than if you serve pizza, chicken parmesan, or steak. The transporting items a caterer uses depend on the types of food he or she is preparing. These transporting items may include containers, platters, plates, bowls, cups, and other necessities. Transporting ItemsĬaterers need certain items to transport the food they deliver to their clients. Eating supplies in a catering business are deductible. And, of course, not all locations are stocked with some of these necessities. This will add a little pizzazz to your arrangement. In addition to the food you bring, be sure to offer silverware, spatulas, plates, napkins, and maybe even a table cloth and table decorations. You just can’t provide a catered meal to a house party or small business office without including some eating supplies. Related Article: 5 Tax Deductions Small Businesses Shouldn’t Fear Taking Eating Supplies for Your Clients All food items you obtain for your catering business via a local grocery store or food supplier are considered tax deductible business expenses. If your specialty is seafood, you may need fresh fish, spices, and breadcrumbs. If you bake homemade bread or apple pies, you’ll likely need flour, sugar, and butter. ![]() Perhaps the biggest expense caterers incur falls under the category of actual food items and ingredients needed to prepare various dishes. These may include pots, pans, cutting boards, utensils, blenders, and ovens. Any items you use to prepare food for your clients can be deducted as business expenses. But don’t fret too much about the prices of them since you can enjoy some tax savings after purchasing them. High-quality cooking supplies that hold up over time are important to any successful catering business. These tax deductions for caterers will make your mouth water: Cooking Supplies The good news is that the IRS allows caterers to save some of their hard earned money through tax write-offs. Do you make amazing lasagna? Can you craft a tasty chicken pot pie? Whatever you specialize in when it comes to culinary creations, there’s a good chance you are spending plenty of money on your ingredients and cooking supplies when preparing meals for others. ![]()
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