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handmade business expenses

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The IRS says expenses must be ordinary, necessary, and reasonable — but what does that really mean for makers who buy yarn, tools, and supplies all year long?
Bookkeeping for Makers (Without the Overwhelm) Taxes for Makers - Explained

Handmade Business Expenses 101: Ordinary, Necessary & Reasonable

Confused about what actually counts as a business expense in your handmade business?
The IRS says expenses must be ordinary, necessary, and reasonable — but what does that really mean for makers who buy yarn, tools, and supplies all year long? In this post, we break it down in plain English with real handmade-business examples, so you can make confident expense decisions (and stop second-guessing every receipt at tax time).