- Employee payroll - Any donations - Sales records - Insurance values - Office supplies and equipment receipts - Gross receipts - Utility bills - Mortgage interest and/or any real estate receipts - Transportation and/or any travel costs - Professional and/or contractor fees

DEDUCTIONS
These are amounts of income the IRS lets you cut down. This is a topic every small business should be very familiar with, therefore we will leave a list of the most common tax deduction with brief descriptions you can really make for your Small-Business.

Utilities: Like water, electricity, or the internet. Marketing and Insurance also apply.
Rent: Any office or space rented in order to operate. (If at Home $5 per square foot).
Repairs: Basically any maintenance to the space occupied by the business.
Meals: 50%.
Travel: Keep a detailed record of all travels paid by the business.
Startups: Up to $5,000 (only if the cost was less than $50,000).
Eligible Income: Up to 20%.
Supplies: Any supply NEEDED for the company to function.
Car: $58 per mile.