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Salon Accounting Software

SOFTWARE WITH A SOFT-TOUCH

Salon owners manage a lot - from the fine details of your clients, to the large picture of your overall business. Becoming an expert in accounting while staying up on the latest trends, changes in the industry, and managing your team is next to impossible. 

 

At Beauty and The Books, we’re here to help you find balance.  We specialize in accounting and bookkeeping for the beauty and wellness industry. From setting up tools for new Solopreuners to helping salon owners create a clear financial strategy, we collaborate with you to stay organized and always one step ahead.

Salon Accounting Services

  • QuickBooks setup and/or optimization as needed

  • Review of tax deductible business expenses

  • Ongoing client meetings to review finances and budgeting (annually, quarterly, or monthly as needed)

  • Annual budget and trend analysis

  • Linked bank and credit card accounts

  • Monthly financial statement presentation and analysis

  • Quarterly and annual filings e.g. local, state, and federal

  • Strategic planning

  • Add-on options:

    • Tax packages

    • Payroll

​​​​​​​​Beauty Salon Tax Deduction FAQs​

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What records do I need to keep for my hair salon?
If you purchased something for your hair salon, you need to keep a record of receipt.
 

Can I make deductions on my styling tools?
Yes! You can include write-offs for hairstylists  on cutting and styling tools e.g. curling irons, hair dryers, hair dye, and anything spent on insurance or repairs.
 

Are tax deductions applicable on clothing?
Although you can’t claim deductions on everyday clothing that you could, say, wear outside of work, you can claim back expenses for work related clothing items including gloves, masks, and aprons. If you offer uniforms for your employees, these could also be expensed. If any of these items need to be properly dry cleaned or repaired, you can also claim reimbursement.
 

Can I make deductions on continuing education?
Yes! Courses and training that directly relate to your job or improve your skills qualify as beauty salon tax deductions.
 

Can I make deductions on travel?
Owners can claim travel expenses is if you’re carrying tools or equipment. You’ll need to keep a strict book of your mileage, time, and gas to maximize your write-offs.


Curious about other tax deductions available as a hairdresser?

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