Disc, CDs, DVDs, etc. (We’ll call them ALL discs, for simplicity’s sake) cost a lot of money overall…though less than they used to. More importantly, if you’re using discs, that means you’re storing important data, files or images, or videos that you don’t want to lose. So, it’s critical to understand how to treat them […]
Tag Archives: Storage
Today TaxMama hears from Sandra in California, who tells us. “I have a client that inherited a house from her father. She kept it as a rental income property. She cleared out all of his possessions from the property and put them in storage. Now she wants me to categorize the on-going storage expense as […]