Archive for January, 2008
John T asked:
Is 2106EZ the correct form to figure my travel expenses, after I calculate the total mileage from my odometer, when traveling from job A to job B. Should I use part 1 and part 2 for this?
Burl Ardd
Is 2106EZ the correct form to figure my travel expenses, after I calculate the total mileage from my odometer, when traveling from job A to job B. Should I use part 1 and part 2 for this?
Burl Ardd
How do the tax benefits work with child care expenses? We will spend 24,000 in child care this year?
sportslawyer asked:
We have 2 children, both under 5. This year we will spend 24,000 in child care expenses. I am not sure how this will work on our taxes. I know you can claim child care expenses, but how much do you usually get back for child care expenses?
Reina Beneker
We have 2 children, both under 5. This year we will spend 24,000 in child care expenses. I am not sure how this will work on our taxes. I know you can claim child care expenses, but how much do you usually get back for child care expenses?
Reina Beneker
Ken asked:
I am opening an online business for website design. (set up as a LLC, I’m the sole owner) Should I start keeping receipts of all business related expenses? Or would my business qualify as a hobby if I don’t make a certain amount of money in the year that I’m filing.
I am opening an online business for website design. (set up as a LLC, I’m the sole owner) Should I start keeping receipts of all business related expenses? Or would my business qualify as a hobby if I don’t make a certain amount of money in the year that I’m filing.
What types of things can I write off onto my business? (dinners, gasoline, etc.) Do I need a seperate business credit card/bank account for the expenses?
Do I have to accept payments towards the business’s services through a corporate account, or can they make the check/payment directly to me?
Noella Reels
opienzip asked:
I’m considering purchasing a facility and establishing a horse boarding facility in the SF Bay area. I have done some research, including reading “Horsekeeping on a small acerage”, and probably have a handle on the obvious per horse expenses. What are ballpark planning numbers for utilities, insurance, maintenance, stable hand, manure removal, etc? Where can I find them?
Alton Gosser
I’m considering purchasing a facility and establishing a horse boarding facility in the SF Bay area. I have done some research, including reading “Horsekeeping on a small acerage”, and probably have a handle on the obvious per horse expenses. What are ballpark planning numbers for utilities, insurance, maintenance, stable hand, manure removal, etc? Where can I find them?
Alton Gosser
sdfa a asked:
What is a difference between car allowence and getting expenses?
i am a sales person. i used to travel on trains/planes and my expenses were refunded monthly.
What is a difference between car allowence and getting expenses?
i am a sales person. i used to travel on trains/planes and my expenses were refunded monthly.
in my new job i am gonna receive a car allowance – how is that related to my expenses when visiting clients? should that cover all my customer visits no matter how much i really spend visiting them?
Cara Efrati