I purchase so many ebooks on ebay and paid about $1 for each,thru paypal. How should I add it to may tax return report? I ask you, as marketers, what are YOU doing when you have so many small purchases. Do you list every purchase on the report? or you may save your time, and don't ask for returns for 1 USD purchases. Thanks
You would cover this like you do any other expense. For instance, how do you handle your magazine subscriptions? This would be handled exactly the same.
I list every penny I spend on business expenses. What I do is just put a section like: ebooks $total amount here. Scripts $total amount here Keep a printout of receipts and maybe make a spreadsheet showing each ebook purchased and price paid. This is so if they audit you, then you will have the proof. I however never send in an itemized list for things and I'm in the U.S.