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Where would I claim a purchase I made fore my Appliance Repair business? I purchased a telephone number from a retiring business.
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posted
June 4, 2019
4:03 PM
last updated
June 04, 2019
4:03 PM
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Where would I claim a purchase I made fore my Appliance Repair business? I purchased a telephone number from a retiring business.
It should go under miscellaneous expenses with an explanation.
This is a cost of doing business. The IRS states that an expense must be ordinary and necessary, but it really means helpful. Buying that number helps you increase business which causes you to have more income to tax. Everyone wins.
June 4, 2019
4:03 PM
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