Expenses-Get Free Tips On Business Expenses, Living Expenses, FSA Eligible Expenses

Can’t touch this asked:


My homework. I wrote down something completely different from what I’ve seen on the internet.

Tracey Zwilling

J asked:


Why are drawings made by owner not considered as expenses of the business. Mention also the accounting concept that underlies this treatment.

Katelynn Giesing

Bobby T asked:


For a candy-shop in Las Vegas…
(let’s say I pay rent each month, so no utilities)

what other expenses are there besides…
-Buying the candy in bulk
-Rent
-Employee’s Wages
-Any equipment
-Advertising (includes accounting computer program 4 me)

Did I forget anything? Or after I subtract all that from my revenue, I take home that much in my pocket?

I’m confused on the business licenses I would need and all the legal stuff. HELP

Ismael Schmeichel

Shaggy D asked:


Hello, I was wondering how much would the opening inventory cost for running a small video game business. Also what would be a reasonable estimate for the gas bill, electricity bill, water, and telephone bill? I really need this information for a school project. thanks
I’m talking about a store that sells games like gamestop.

Raul Pritchell

hakhverdyan27 asked:


I am trying to open a new office that will offer insurance/notary/real estate services and kind of wondering what are my steps in opening a new business. Any books, magazines, or seminars that will teach me more about this? or maybe personal experiences to put me in a right direction. Please people i will appreciate every single comments of yours. Thanks

Marshall Eppenger

Kano S asked:


I am doing my own project for my business class and I need a few sites just for reference because my group and I have to create our own company.

Arianna Fairey

DarkGlo asked:


I need to know what some expenses are for this business?
like equiptment?
certain licenses?
IDK i need help…

Lupe Siniscalchi

Truck asked:


I have been married to my wife for less than two years. Prior to getting married, she had her own business and continues to run it while we are married. Business has been down lately and she has gotten behind on bills. She and I have been going through a rough patch as well lately and one topic that has come up is her expectation that I should pay her business bills. Am I liable to pay any of the bills related to that business?

Wilbert Cofresi

Coo asked:


I would like to know how to file business expenses from my 1040. I recently incorporate a S-corp and I had some travel expenses need to file.

Brande Decarr

Jo Man asked:


So a sideline gig is developing somewhat, and to simplify bookkeeping I’m thinking of getting a separate card for all those expenses.

For now we’re not incorporated or anything, so this will be a personal card in that regard. Is there any detriment to my credit rating for opening up new cards that won’t be used very often?

FYI, I only have one card, my wife has two, we both have excellent credit ratings.

Liza Lomax