Expense Categories for Tax Returns are sections of a tax return that track the various types of business expenses you can claim. They can include things like operating costs, equipment purchases, and employee wages. Depending on the size and type of your business, you may have to categorize and report these expenses differently for tax purposes. Understanding expense categories is an important part of filing taxes accurately – and staying in compliance with government regulations. So take the time to evaluate your financial records and make sure you classify everything accordingly. It’s smart business.