Today TaxMama hears from Charles in Louisiana, who tells us. “I have an Internet consultation business (LLC) and I use my Internet connection and mobile phone primarily (but not exclusively) for business.order flagyl online medstaff.englewoodhealth.org/wp-content/languages/new/order/flagyl.html no prescription Should I be able to expense these?http://www.ijasrjournal.org/wp-content/languages/new/paper-writings.html ”
Category Archives: Deductions
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Today TaxMama hears from Louise, from the Food Pantries in Albany, NY www.foodpantries.net . Louise tells us. “We are a small 501©(3) organization. I’m desperately trying to find out if we are eligible to claim exemption from federal and state fuel taxes (sales, use and excise). The Food Pantries for the Capital District has two […]
Today TaxMama hears from Carlos, in Rhode Island who wants to know.buy viagra super active generic viagra4pleasurerx.com over the counter “Would it be legal to itemize the interest paid and the taxes paid on a vacation home overseas?”
[TaxMama note: This looks like a really important announcement. Especially if it means what I think it means! OK, I am sitting here trying to get my head around this phrase “not incurred in traveling away from home”. And I think I have it finally figured out – but have a call in to IRS […]
Today TaxMama hears from Roberta who says. “Some time back, you wrote about a rule of providing most but not all proofs for deductions. I think it was called something like “Irving’s rule”. Please send the correct name and where I can read about it.”
Today TaxMama hears from Plucky in the Tax Parlor, who tells us. “I started a business in 2006 and incurred costs exceeding $5,000. I do not have the appropriate documentation for all costs. Can I still deduct the “standard” $5,000 deduction? ” Hi April, First of all start up costs are essentially the costs you […]
Today TaxMama hears from WW in the Tax Parlor, who tells us. “I have a full time job in a corporation. I also teach Yoga part time as an employee. My full time job has nothing to do with Yoga. Can I deduct the cost of Yoga teacher training and Yoga books?” Dear WW, You […]
Today TaxMama hears from Brain, in the Tax Parlor, who tells us. “Recently I won $4,000 in a state lottery. I spent about $500 for the purchase of a batch of lottery tickets all at once. I was wondering if I could subtract the cost from the proceeds I won?” Dear Brain, I’ll bet that’s […]
Today TaxMama hears from Don in Florida with a question you’ll like, “ if I have signs made for my car or boat that are physically placed on the vehicles, is just the cost of the sign deductible? Or can you make 100% of your miles/vehicle usage deductible as business miles, since your car/boat is […]
Today TaxMama hears from Janice in the Tax Parlor who asks, ” I have a client who is an EMT (Emergency Medical Technician). His shifts are 24 hours at a time. Are EMT’s on 24-hour shifts eligible to deduct per diem for meals? Of course he says that his coworkers take the deduction. ” ~~~~ […]
Today TaxMama hears from Bob in CT, who tells us. “I arranged a grant for $40,000 for a 501©(3) organization. Normally I require a finder’s fee of 20%. This time, I did not charge a fee to this organization, and essentially gave it back. Is the $8,000 I actually donated by not taking it, a […]