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3e0a7c541d6762a39436258aa02b7c6b
What is considered a business expense on a business trip?
[ { "docid": "c11d1781a910fe53b160db6f0ac43cb5", "score": 1, "text": "The IRS Guidance pertaining to the subject. In general the best I can say is your business expense may be deductible. But it depends on the circumstances and what it is you want to deduct. Travel Taxpayers who travel away from home on...
[ { "docid": "221c2facfbbbc27225c5f7d9f28af460", "score": 0.7707317073170732, "text": "You don't say what country you live in. If it's the U.S., the IRS has very specific rules for business use of a car. See, for starters at least, http://www.irs.gov/publications/p463/ch04.html. The gist of it is: If you ...
fiqa
d660d717a109dc59d1a7e06066083c7c
Business Expense - Car Insurance Deductible For Accident That Occurred During a Business Trip
[ { "docid": "19a5eaff889e256c24b4d030e13e7d2c", "score": 1, "text": "As a general rule, you must choose between a mileage deduction or an actual expenses deduction. The idea is that the mileage deduction is supposed to cover all costs of using the car. Exceptions include parking fees and tolls, which c...
[ { "docid": "5abf3aeec6c19bec0614fea89f34cc6f", "score": 0.2685185185185185, "text": "Business expenses reduce business income. The SE tax is paid on business income. The credit for 1/2 the SE tax is based on the amount of SE tax paid. So:", "title": "" }, { "docid": "255ced4517b0b7d6b04e2db9...
fiqa
7e77480d7a7df720e5369648e731fae8
Starting a new online business
[ { "docid": "7a0f5ae5d21bde5bfb381e841ac88197", "score": 1, "text": "Most US states have rules that go something like this: You will almost certainly have to pay some registration fees, as noted above. Depending on how you organize, you may or may not need to file a separate tax return for the business....
[ { "docid": "1a949988273831ba706baa2e52f20924", "score": 0.4426229508196722, "text": "You're gonna start a business but you can't choose your own name? C'mon man, that's the fun part.. Have you researched the demand? In a dying industry like hard copy games, what sets you aside from big players like Game...
fiqa
d5053afdacf3773674f1cf4928bfd1b3
“Business day” and “due date” for bills
[ { "docid": "0fe8ad531b8303ea06ea6b21256025fe", "score": 1, "text": "I don't believe Saturday is a business day either. When I deposit a check at a bank's drive-in after 4pm Friday, the receipt tells me it will credit as if I deposited on Monday. If a business' computer doesn't adjust their billing to h...
[ { "docid": "133464c876056ea6f006d3b68d5352cd", "score": 0.40476190476190477, "text": "In the US there is no set date. If all goes well there are multiple dates of importance. If it doesn't go well the budget process also may include continuing resolutions, shutdowns, and sequestrations.", "title": "...
fiqa
c6f6f8f6bb1c3f2a5f297cddb97389c3
New business owner - How do taxes work for the business vs individual?
[ { "docid": "300c2b236171618b127627cb296130ad", "score": 0.6179775280898876, "text": "Through your question and then clarification through the comments, it looks like you have a U.S. LLC with at least two members. If you did not elect some other tax treatment, your LLC will be treated as a partnership b...
[ { "docid": "dc55d2f06ed16eb2a0e502d86f342e03", "score": 0.33707865168539325, "text": "\"So the main reason that you aren't getting answers is that the question is not really answerable on this site without putting a lot of details about the expenses of your company online. Even then you will need someo...
fiqa
70c2e3744d2a0b41ec097ee751e8dafe
Hobby vs. Business
[ { "docid": "475ff0dce200c39f9e5720194d86cca2", "score": 0.6802721088435374, "text": "Miscellaneous income -- same category used for hobbies.", "title": "" }, { "docid": "0e0ae1e5e3f2fc011f870fc4b608327e", "score": 0.2857142857142857, "text": "\"You can list it as other income reporte...
[ { "docid": "2fca1facc06f3225c3ebc700424e3432", "score": 0.5306122448979592, "text": "Colloquially, there's no difference except for the level of risk (which is an estimate anyway). Classically, investment is creating wealth through improvement or production. Purchasing a house with the intent to renova...
fiqa
ffe34df1c7976a15d0ba31ae23ecb3de
Personal checks instead of business ones
[ { "docid": "a1c74729f1dca762dfb8b1500a304afd", "score": 0.9310344827586207, "text": "I'll assume you are asking about a check for some kind of work or service that you provided them, that they hired your company to do. No large business will do that. In their records they have a contract with your compa...
[ { "docid": "17609ed5dd1c22d3b7733a7358c9a2a2", "score": 0.5086206896551724, "text": "\"I expect the company wanted to pay you for a product (on a purchase order) rather than as a contract laborer. Whatever. Would they be willing to re-issue the check to you as a sole proprietor of a business named ABC ...
fiqa
dd908777fad5cc590a58b74074e50132
Does U.S. tax code call for small business owners to count business purchases as personal income?
[ { "docid": "d55b27429ba53a663bc7257aa958fc75", "score": 1, "text": "\"I am going to keep things very simple and explain the common-sense reason why the accountant is right: Also, my sister in law owns a small restaurant, where they claim their accountant informed them of the same thing, where a portion ...
[ { "docid": "ae96ebf7c42b5aa8611e7c1b9890c299", "score": 0.2962962962962963, "text": "First - get a professional tax consultation with a NY-licensed CPA or EA. At what point do I need to worry about collecting sales taxes for the city and state of New York? Generally, from the beginning. See here for mor...
fiqa
2ddba64498dc5c3bf98d792e5fda7eb0
How can I register a UK business without providing a business address?
[ { "docid": "7105af373db635e924f9f01e352fc7d4", "score": 1, "text": "You don't have to provide your personal home address per se. You can provide a legal address where Companies house can send across paper correspondence to. Companies house legally requires an address because directors are liable to thei...
[ { "docid": "2722f69315341259b6dfc8053db89d61", "score": 0.24358974358974358, "text": "Normal high street accounts certainly are available to non-residents. I have several, and I haven't been resident in the UK for fourteen years. However you do need to open them before you leave. They need identificatio...
fiqa
3db0a7f9a497e0d28291892cac498064
What are 'business fundamentals'?
[ { "docid": "8e31f9a452a967f889442863ca55440f", "score": 1, "text": "From http://financial-dictionary.thefreedictionary.com/Business+Fundamentals The facts that affect a company's underlying value. Examples of business fundamentals include debt, cash flow, supply of and demand for the company's p...
[ { "docid": "ed8ac5cafaa4a0d9cf5ad7b74ff04938", "score": 0.5024875621890548, "text": "\"As other people have posted starting with \"\"fictional money\"\" is the best way to test a strategy, learn about the platform you are using, etc. That being said I would about how Fundamental Analysis works . Fundame...
fiqa
35174df57ee02ebd4998b3981da51463
Business Investment Loss from prior year
[ { "docid": "bf0330082ac65d66aa4934120480a8fe", "score": 0.7636363636363636, "text": "You need to give specific dates! In the United States, you have three years to file an amended tax return. https://www.irs.gov/uac/Newsroom/Ten-Facts-about-Amended-Tax-Returns Did the restaurant fail in 2012? If so, tha...
[ { "docid": "ade1f187fc1c0403179210d8806b6971", "score": 0.7090909090909091, "text": "Yes, you will be able to claim it as an expense on your taxes, but not all in the current year. It is split into three categories: Current Expenses - Assets purchased such as inventory would be able to be claimed in the...
fiqa
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