I am an independent stylist with Color Street. When purchasing gifts and giveaway items such as a tumbler, face masks, nail files, etc. Would you classify those as advertising expenses? Also, I do not do inventory I purchase all my nail sets to use as giveaways or I will put on a set on and post it in group for advertisement. Can all my sets be wrote off as expenses or advertising? If you put that you had an inventory because you thought you had to can you change it to no the next year?
