Start Ups track all your business expenses

 I was talking to a client who just started his company. He had used personal income to purchase inventory, training. He was also using his personal vehicle to give bids and pickup material and supplies. When I looked at his books he had not included any of those expenses. He didn't know that he can include those expenses he paid for out of his own pocket and lower his tax obligations. So do not toss those startup expense receipts.  Make sure you are getting all those deductions!!