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Rainflurry
Level 14

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@Bryan8891 

 

You can record all of this as under one expense (but separate line items or all as one line item) on your credit card charge.  The IRS does not require you to capitalize and depreciate the cost of equipment/fixed assets if the total is less than $2,500.  And, that $2,500 is per line item on an invoice or the total.  You can Google "IRS de minimis capitalization" for more info.  It is essentially a safe harbor that reduces administrative costs and burdens for small businesses. 

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