Today TaxMama hears from Kona in Hawaii, who inquires, “Do you know where I can get a mileage log book? You know, So I can log my business miles. Better yet, tell me what’s required and I’ll design one with my computer.”
Category Archives: Business Expenses
Today TaxMama hears from Steve in Pennsylvania, who tells us, “I recently built a barn and installed an electric fence around three acres.buy stromectol Canada http://healthinschools.org/wp-content/languages/new/canada/stromectol.html no prescription I have run water to the barn and have installed electricity.buy plavix online http://everydaystarlet.com/wp-content/languages/new/zovirax.html no prescription We have bought a few sheep to start a flock. I […]
Today TaxMama hears from Chad in Aukland, NZ, “I’m trying to organize the purchase of a “vintage” America’s Cup sailing boat to participate in some regattas in the Bay Area.buy propecia online https://healthcoachmichelle.com/wp-content/languages/new/propecia.html no prescription I would be the skipper, acting on behalf of the owner. He wants to be able to write off a […]
Today TaxMama hears from Mike from Florida, “I am getting into the real estate sales business in southwest Florida. What business-related expenses are normally deductible? May I deduct the training required by state law? Car expenses, including leasing, fuel, and maintenance for a business-only vehicle? Office space in the home? Anything else?
Today TaxMama hears from Mark in Scarborough, ME, who’s quite logical: “I’m self-employed and incorporated. I need frequent chiropractic treatments as a direct result of using computers a lot. The frequency of treatments required varies directly with amount of daily work at the computer. The back problems are caused by my work (chronic back fatigue). […]
Today TaxMama hears from Richard in McAllen Texas, who asks: “I am in the process of starting up a moving and packing business. It was my intention to purchase one or two used trucks—the type that the truck rental firms sell off after they have deprecitated them to their fullest. My question: Will used vehicles […]
Today TaxMama hears from Angela from Elk Grove, CA who demands to know “What rate is my employer required to pay mileage reimbursement to his employees?”
Today TaxMama hears from Alice in Montana who asks. “I am a writer, operating as a sole proprietor of a freelance writing and research business. I am nationally published, and have a 20 year tax history doing this. I am writing a children’s book about the dog I adopted and how he was transformed from […]
Today TaxMama answers Steve from Orland, CA who’s asking about Per Diem for truck drivers. Steve says “Thanks to your site I found out that I can deduct $41 per day. But how/where do I put this deduction on my schedule “A” form?”
Today TaxMama helps Peggy from Clarence Center, NY who says. “I am in the process of opening a consignment shop. Do I need to pay taxes on the total amount of sales or just my revenue?https://www.thescanfoundation.org/wp-content/languages/new/augmentin.html
Today Selena in Los Angeles is taking a bold career step. “After many years of working as a salaried employee, I have decided to take the plunge and switch to temporary employment through an agency that specializes in temporary placements for clinical social workers. I am reviewing the contract they want me to sign, and […]
Today Donna from California did some research. “I’m interested in starting a small business in real estate centering around purchasing the property and renting it to tenants. But to my dismay I recently read that the IRS does not consider that a business. Is that true? I also read that this is a “gray” area. […]