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

Robert asked:


What are all the expenses there will be? i know one is rent

Genevive Crough

jillcatherine asked:


im not sure how to do this!
If I am an independent contractor who meets regularly with certain clients is that mileage deductible?

Frances Khuu

h2oaz asked:


The cost of office supplies and shipping are killing me. Any ideas on ways to lower them?

Ryan

Barry asked:


I am a sole proprietor traveling to San Francisco on business in the first week in January. I have purchased a non-refundable airline ticket. Is the airfare a 2008 business expense, because that is when I paid for the ticket and I am on cash basis accounting, or is it a 2009 business expense because that is when the travel will actually take place?

Coleman Kretzinger

Deloitte L asked:


helpkorner – i went there didn’t see anything regarding this.
Currently – all employees submit their timesheet / expenses via email. This is cumbersome. Is there a server where I can pay a monthly fee so my employees can post their time and expenses onto this server so I’m not opening 15 different spreadsheets?

Suzy Granato

GrinAndBear asked:


I’m setting up my accounting software. For tax purposes, what’s the difference between office supplies, office expenses, and business expenses? For example, how should I categorize the flowers I buy to decorate the office?

I also use small kitchen appliances in my work. I don’t want to go through the hassle of depreciating them since they don’t last very long and I use too many of them to do section 179 depreciation. How should I categorize the appliances?

Ted Kantis

davecz4 asked:


Example:
If i buy a laptop (for business) a month before I register my busiess can I still make it a tax deduction?

Emmett Barrios

Engineer asked:


If he does things for his business such as recruiting or meeting people while visiting the kids, would that be allowed? Where can the guidelines be found for this?

Stacey Goodier

Up There asked:


Can you use your business check card to by personal items such as clothes, food, etc.?
This is just a one time thing too!

Lindsy Kowalowski

Hiya! asked:


I already have the following written down:
electric, water, gas, annual taxes

What else should I include in my expenses either annually or monthly?
Thank you!

(beginning stages of opening a small store) (not from home)

Richie Feauto