Sentences with phrase «legitimate business expense»

Sounds like a legitimate business expense to me.

I do not think that your meals would be deductible as a legitimate business expense.

«Business interest,» meaning interest paid on any loan taken out for business purposes, is considered a legitimate business expense, and that includes interest on credit cards.

If it is a legitimate business expense, you can deduct it regardless of whether or not they are US or foreign workers.

Pursue turning your non-deductible personal medical expenses into a legitimate business expense.

The money was allocated by Espada's janitorial firm and classified as a legitimate business expense, the feds say.

FD: You face a potential problem if the government refuses to allow companies to write off the purchase of sports tickets as a legitimate business expense.

In other cases, the item is a legitimate business expense, but you can only claim a portion of the expense or only claim the expense if particular circumstances apply.

Being able to tell the difference between a legitimate business expense and one that doesn't really hold water not only saves you money, it's also important for keeping you out of the sights of the IRS.

Short - term business loans can be used for any legitimate business expense, from remodeling or business expansion to buying equipment to launching a new marketing effort.

Could there be a more legitimate business expense?

Those payments, unlike direct salary, don't have to be reported on your personal tax forms as wages, as long as they qualified as legitimate business expenses, and remained under the IRS's per diem cap rules.

For those that do, however, it's important to keep an eye on how much you are spending, and to make sure all the expenditures you claim are legitimate business expenses.

And every small business owner can claim their legitimate business expenses and write these off against their business income.

One of the perks of having your own small business is that you can deduct legitimate business expenses from your...

Both Espada and his son also face a separate criminal tax fraud trial in Manhattan federal court on charges that they deliberately misstated their income, filed false returns and intentionally mislabeled personal expenditures utilizing corporate funds as legitimate business expenses.

One of the best parts of being self - employed is that you can deduct legitimate business expenses when you file your taxes.

If $ 499 and $ 1,099 are about equally disposable to you (or to your legitimate business expenses), the Vive Pro definitely provides one of the best virtual reality experiences you can purchase today.

Not exact matches

Q. Mitch, would you define what «entertainment» and «business meeting» expenses are legitimate for the home office business owner?

But with expensive childcare not being a viable or «legitimate» business expense, it's stymying this progress and process.

This shortage leaves room for the black market to operate profitably at the expense of government revenues, legitimate business and public health and safety.

Qualified expenses for legitimate working animals «like a junkyard dog or a guard dog» can be deductible as a business expense, Steber said.

HMRC will record this as an unreimbursed business expense albeit in fact it simply reflects the employee's legitimate claim for tax relief on the expense he or she has incurred.

When you pay interest on a loan used to fund a legitimate investment or business activity, that interest becomes an expense that you can deduct against related income.

Every accountant has horror stories about businesses that got careless about records for legitimate expenses such as website or cloud services, or claiming undocumented expenses.

I have a legitimate rental property business and even have a business banking account, however I am hesitant to get a business credit card as I do not have any expenses that I can pay with a credit card.

If you use your car for business purposes, then fuel can be a legitimate deductible expense, so what if you use your bike?

After all, there is no master list of «legitimate expenses» because what constitutes a legitimate expense will vary from business to business.

Commercial auto insurance is a legitimate expense incurred in the running of your business, so why should it not be tax deductible?

The rent, phone, desks, computers, staff, benefits, and compensation — all the legitimate expenses for your office or business — and divide it by the number of associates in your office.

I have a full time job and am working on building my REI business albeit I have not done any deals or made any money yet, I believed the training material and other expenses directly related to my part time REI business were legitimate tax deductions.