# @edwardcollins_upleveled on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/DPPx4kDimtL
- **Gondola URL:** https://gondola.cc/posts/35104046-edwardcollins-upleveled-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/3cdf1dc25e.jpg
- **Posted:** 2025-10-01T00:31:01.000+00:00
- **Account Owner:** Edward Collins | Money Lawyer & Wealth Strategist (@edwardcollins_upleveled) — https://gondola.cc/edwardcollins_upleveled

## Caption

🌟 I definitely love the creativity here.

But let’s analyze it a bit.

📝 Every business expense has to meet at least the Section 162(a) test: ordinary and necessary.

💐 Would it be ordinary for your business to buy a Valentine’s bouquet? Maybe for your marriage ... but is it necessary for generating revenue?

That’s just the starting point.

🔍 We also weigh court cases, Treasury guidance, and IRS regulations before calling something a legitimate deduction.

And after decades of doing this, here’s my honest take:

⚖️ An auditor is unlikely to flag a small flower expense ... but that doesn’t mean you should ignore the rules.

💡 Bottom line: make sure every deduction can stand on the “ordinary and necessary” foundation before you claim it.

Credit (IG):
 David Perez – iamdavidaperez

 SF0754

## Stats

- **Views:** 4,551
- **Likes:** 133
- **Shares:** 0
- **Comments:** 5

## Credits

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Edward Collins | Money Lawyer & Wealth Strategist | @edwardcollins_upleveled | https://gondola.cc/edwardcollins_upleveled | Talent |
| Hector Garcia | @Hector_FilmSchool | https://gondola.cc/Hector_FilmSchool | Content Producer |

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