Tax question

Fuel ? telephone ?

 

HUH?
Do what now?
You can deduct stuff like that?

 

http://www.facebook.com/pages/Keep-On-Rolling-Bookkeeping-Taxes/145454318815222?sk=notes

This is who I use to do my taxes, on their facebook page is a list that is deductible.

 

you can use 40 percent of your house hold bills as a right off if you dont get your number down you will be paying a good penny

 

you can also right off gas for going to get parts and handle bussiness thing but not just going to work. you can write off meals such as red lobster for meals and enterment if you took someone there. thats why i always talk about work for a few minutes...lol

 

Do you use 40% of your house as an office? careful with that one.

if your office is only an 8X8 space, and your house is 2000 SF, you can only use 64/2000 for a tax deduction.

 

irs agents say you can claim 40 percent of all house hold bills if your company is ran out of your home. my office is where ever i decide to do my paperwork that day or moment you can go to the irs web site and find all this info

 

http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Home-Office-Deduction



Yop, hasn't changed much since I worked out of the house 10 years ago.