Can I write it off? Let AI guide you

This prompt helps business owners determine which expenses qualify as tax deductions in their jurisdiction. The AI acts as a tax consultant to evaluate specific expenses and suggest potential write-offs tailored to your business.

How to Use

1. Provide details about your business operations in the {{business}} field
2. Specify your business location in the {{location}} field
3. List the expenses you're curious about in the {{expenses}} field
4. The AI will analyze your expenses and provide tax write-off guidance

Variables Explained

• {{business}}: Describe your business type, operations, and relevant details. For example: "I run a small photography studio specializing in wedding photography with 2 employees" or "I operate an e-commerce store selling handmade jewelry as a sole proprietor"

• {{location}}: Enter your business jurisdiction (country, state/province, city if relevant). This is crucial as tax laws vary significantly by location. For example: "United States, California" or "Canada, Ontario"

• {{expenses}}: List the specific expenses you want to evaluate. Be as detailed as possible for more accurate answers. For example: "New laptop ($1,200), home office space (15% of home), client dinner ($85), photography equipment ($3,000)"

Tips for Best Results

• Be specific: The more details you provide about your business and expenses, the more accurate the guidance will be
• Include expense amounts: When possible, include the monetary value of expenses to get more precise advice
• Consider timing: Some expenses may qualify differently depending on when they occurred in your financial year
• Follow up: Use this as a starting point, but consult with a real tax professional before filing
• Ask for explanations: If you don't understand why something qualifies (or doesn't), ask for clarification

Remember that while this AI provides helpful guidance, tax laws change frequently and vary by jurisdiction, so professional consultation is still recommended.