Threads, Meta's new text-based social media app, was launched on July 5, 2023. Developed by the Instagram team, Threads lets users share text updates and engage in public discussions. While it functions as a standalone app, users can simply use their existing Instagram account to log in and post text updates up to 500 characters long, including links, photos, and videos up to 5 minutes in length.

Social media has revolutionized marketing, allowing businesses of all sizes to reach a wider audience and connect with customers in unprecedented ways. However, social media management can be expensive, leaving business owners wondering if these expenses can be tax-deductible. In this article, we explore whether a business's social media management expenses can qualify for tax deductions.