Sentences with phrase «treated as business expense»

In contrast, the new proposed plan would allow the cost of the property, excluding land, to be treated as a business expense used for tax deductions.

This is tax efficient as the entire premium is treated as business expense.

For equipment costing up to $ 500,000, your company can treat it as a business expense in the year that it was bought.

The company that's apparently going to pay this rent wants to treat it as a business expense.

Amount paid towards premium may be treated as business expenses and is eligible for tax benefit

Not exact matches

Instead of being accounted for as «earnings», the money deployed into these maintenance activities should have been treated as part of the expense of doing business.

By imposing third - party reporting of expenses, a VAT system reduces tax evasion relative to a self - reported income tax system like that used in the U.S. where the IRS periodically audits business expenses, but there is widespread abuse in the area of business expenses (especially in small businesses that often treat what should be considered personal expenses as business expenses) due to a lack of third - party reporting of business expenses the way that it has third - party reporting of business income via 1099 information tax returns.

I want to be clear, I'm treating my writing as a business and I'm listing my expenses so I can have a true view into what it takes to get the business off the ground.

If deducting as an entertainment expense, the book is very clear on how to treat non-business guests: multiply the total cost of the meal by the percentage of business guests.

Mileage to and from the vet should also be documented and treated as an expense of the business.

On the other hand, it is treated as an ordinary business expense on the part of the employer.